Grayscale Investments has today announced that its “Future of Finance” exchange-traded fund (ETF) will list on the London Stock Exchange, Borsa Italiana, and Deutsche Börse Xetra.

ETFs are a popular investment tool that lets investors buy commodities or a basket of shares for a relatively low management fee.

The Grayscale Future of Finance UCITS ETF (GFOF) is thus a way for investors to make a single stock purchase to bet on the performance of a variety of companies heavily committed to the crypto economy.

The fund is based on the Bloomberg Grayscale Future of Finance Index (BGFOF), which tracks the performance of financial services companies “projected to be leaders of the emerging digital economy.”

These include stocks such as Robinhood, PayPal, Block, and Coinbase, and several crypto mining and energy management firms, including Argo Blockchain, Northern Data, and Canaan.

GFOF was first launched in February this year on the New York Stock Exchange (NYSE) and currently includes 21 public companies. The fund’s starting price was $25.93; however, as crypto companies’ stocks plunged last week, it closed Friday’s trading session at $14.69.

Yet, the Connecticut-based firm is confident in the long-term value the product will deliver

“At Grayscale, we have long believed that the digital economy will be a major driver for the development and growth of the global economy,” said David LaValle, Grayscale’s global head of ETFs.

He added that “European investors now have the opportunity to receive exposure to the companies that are pivotal to the evolution of…

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