Compartir este artículo

Grayscale Setting Up for Bitcoin ETF Race by Hiring Industry Veteran From Invesco

John Hoffman spent over 17 years at investment manager Invesco and will lead Grayscale's distribution and partnerships team.

Actualizado 8 mar 2024, 5:55 p. .m.. Publicado 1 dic 2023, 5:37 p. .m.. Traducido por IA
Grayscale's new ad campaign in New York's Penn Station.
Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)

Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin [BTC] exchange-traded-fund (ETF).

Hoffman – an ETF veteran – spent over 17 years at investment manager Invesco, first as the director of ETF institutional sales and capital markets at Invesco PowerShares Capital Management, before moving into an adviser role and most recently, leading the Americas, ETF and indexed strategies team.

STORY CONTINUES BELOW
No te pierdas otra historia.Suscríbete al boletín de Crypto Daybook Americas hoy. Ver todos los boletines

“The Grayscale team is thrilled to have John Hoffman join us as Managing Director and Head of Distribution and Strategic Partnerships. John has a wealth of industry and ETF expertise, which will be invaluable to our team and clients, especially during this exciting time at Grayscale,” Dave LaValle, Global Head of ETFs at Grayscale said.

Invesco is one of the biggest issuers of ETFs in the U.S. with currently over 200 ETFs traded on U.S. markets and roughly $425 billion in assets under management (AUM).

The company recently suffered another big departure. Anna Paglia, who served as global head of ETFs, indexed strategies, SMAs and models at Invesco for the past seven years, left to join State Street Global Advisors - the investment management division of State Street - as executive vice president and chief business officer.

Grayscale is hoping to convert its GBTC bitcoin trust into an ETF in January, when the Securities and Exchange Commission (SEC) decides whether to approve the launch of 13 potential spot bitcoin ETFs, including that of BlackRock, Invesco, and Franklin, among others.

Read more: Grayscale Gears Up for Spot Bitcoin ETF, Updating Trust Agreement for Sake of ‘Operational Efficiencies’

More For You

Protocol Research: GoPlus Security

GP Basic Image

알아야 할 것:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Surf Raises $15M to Build AI Model Tailored to Crypto Research

Artificial Intelligence (Markus Winkler/Unsplash)

Pantera Capital led the round, with Coinbase Ventures and Digital Currency Group also participating.

알아야 할 것:

  • Surf raised $15 million to develop "Surf 2.0" and launch an enterprise product aimed at institutional users.
  • The firm said it has generated more than 1 million research reports since July and is seeing 50% month-over-month growth.