Bitcoin
$48,286.29-0.86%
Ethereum
$3,448.66-2.07%
XRP
$1.08-0.49%
Cardano
$2.38-1.09%
Polkadot
$34.17-2.59%
Stellar
$0.323521-0.95%
Dogecoin
$0.240791-1.44%
Chainlink
$28.66-1.94%
Uniswap
$24.46-2.26%
Polygon
$1.37-2.86%
Litecoin
$181.27-1.54%
Bitcoin Cash
$637.75+0.19%
Algorand
$2.11+4.77%
Cosmos
$39.08+8.74%
Wrapped Bitcoin
$48,292.73-0.85%
Filecoin
$84.23-2.19%
The Graph
$0.837953-0.48%
Tron
$0.106022-1.55%
Ethereum Classic
$56.95-1.76%
Aave
$355.32-2.63%
Tezos
$6.45+1.25%
EOS
$5.27-0.89%
NEO
$49.62-1.08%
Monero
$273.68+1.71%
IOTA
$1.63-3.03%
BitTorrent
$0.003935-1.23%
Bitcoin SV
$159.29-0.58%
Waves
$28.91-2.63%
Maker
$2,861.52-1.12%
Dash
$200.56-1.83%
Decred
$141.02-5.86%
Decentraland
$0.821872-1.74%
ICON
$1.90-3.65%
NEM
$0.184072-1.20%
Zcash
$139.73-1.12%
Qtum
$12.49-2.18%
NuCypher
$0.332526-0.76%
OmiseGO
$9.17+4.36%
Bitcoin Gold
$66.18-1.75%
Yearn Finance
$33,726.35-1.26%
Basic Attention Token
$0.751000-2.79%
0x
$1.12+0.63%
Paxos Standard
$0.999991+0.96%
Ren
$0.962841-9.48%
Bancor
$4.10-1.38%
Fetch.ai
$0.819144-6.85%
Band Protocol
$9.29-1.39%
Siacoin
$0.018885+0.83%
Kava.io
$6.24-1.53%
Nano
$5.58-0.57%
Loopring
$0.466932+0.25%
Storj
$1.39-1.65%
Lisk
$3.68+0.42%
Civic
$0.526854-3.02%
Numeraire
$46.22-8.89%
Orchid
$0.373879+1.29%
PAX Gold
$1,772.26+0.32%
Augur
$26.17-0.97%
Aragon
$6.49+7.32%
Enzyme
$127.95+9.49%
district0x
$0.178788+0.30%
Kyber Network
$1.81-2.46%
SingularDTV
$0.001481+1.82%
Tether
$1.00+0.02%
USD Coin
$1.00+0.01%
Dai
$1.00-0.01%

ETF Issuer Partly Owned by Grayscale Changes $BTC Ticker Back to $PIFI

The ETF issuer raised eyebrows last month when it switched its ticker symbol to $BTC after an investment from digital asset manager Grayscale.

May 7, 2021 at 2:47 p.m. UTC
Updated Sep 14, 2021 at 12:52 p.m. UTC

Exchange-traded fund (ETF) issuer ClearShares has changed one of its ETF ticker symbols from $BTC back to its original symbol, $PIFI.

Last month, the issuer changed the ticker symbol to $BTC at the same time that Grayscale, the world’s largest digital asset manager, took an equity stake in the company. Grayscale is a subsidiary of Digital Currency Group, CoinDesk’s parent company.

Neither ClearShares nor Grayscale would comment on whether the ticker conversion was part of a future bitcoin ETF, but Grayscale did say that its ownership stake in ClearShares was part of its “long-term commitment to bring digital currency ETFs to market.”

Grayscale has previously listed a number of job openings for ETF specialists.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...