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Full-Time

Senior Associate

ETF Product

Posted on 9/6/2024

Grayscale Investments

Grayscale Investments

51-200 employees

Manages investment products for digital assets

Financial Services

Junior, Mid, Senior

Stamford, CT, USA

Category
Investment Banking
Finance & Banking
Required Skills
Communications
Marketing
Requirements
  • The ideal candidate will have 2 – 6 years of related work experience.
  • Prior experience working at or with Fund Managers, ETF Issuers or Index Providers preferred.
  • Working knowledge and a passion for the U.S. ETF marketplace – including but not limited to primary markets, product landscape, market and regulatory trends and opportunities, etc.
  • Strong understanding of financial markets, investment implications, portfolio construction, etc.
  • Written and communications skills and attention to detail is a must.
  • Strong interest in digital currencies, blockchain technology, and related concepts.
  • Strong experience and expertise with large data sets and investment and analytical tools such as Bloomberg.
Responsibilities
  • Support and contribute to the growth and development of the Grayscale ETF franchise through product strategy, ideation and development, and post-launch support.
  • Support the growth and development of all other aspects of the Grayscale ETF business, including capital markets, operations, distribution, and marketing.
  • Develop and maintain in-depth knowledge of existing and prospective investment strategies.
  • Demonstrate and apply in-depth product knowledge with respect to portfolio construction, strategy, and positioning across various market environments and use cases.
  • Play a key role in engagement with Index Providers on investment strategies and product design.
  • Develop, build, and deploy frameworks for analysis and intelligence gathering on the U.S. ETF marketplace and the competitive Funds landscape across different product wrappers and geographies. This includes industry macro trends, product trends, liquidity analysis and regulatory changes.
  • Analyze and report on key ETF market metrics such as ETF flow data, trading statistics, asset trends, etc.
  • Work with Compliance and Legal teams to ensure product development lifecycle plans are in compliance with applicable processes, procedures, laws, rules and regulations.
  • Help maintain Product Pipeline calendars, and prioritization and reprioritization of initiatives as needed. Monitor progress against target dates and milestones, escalate issues or obstacles, and provide status updates to key stakeholders.
  • Display sound judgment in resolving complex issues in a practical manner.
Grayscale Investments

Grayscale Investments

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Grayscale Investments manages digital assets, focusing on cryptocurrency and blockchain markets. It offers investment products like exchange-traded funds (ETFs) and trusts, allowing clients to invest in digital currencies such as Bitcoin and Ethereum while ensuring regulatory compliance. The company earns revenue through management fees based on assets under management and serves a diverse clientele, including institutional investors and financial advisors. Grayscale's goal is to provide accessible investment opportunities in the digital asset space, helping clients diversify their portfolios.

Company Stage

IPO

Total Funding

$886.6M

Headquarters

New York City, New York

Founded

2013

Growth & Insights
Headcount

6 month growth

-12%

1 year growth

-12%

2 year growth

-12%
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Simplify's Take

What believers are saying

  • Grayscale's launch of the Decentralized AI Fund demonstrates its commitment to innovation and staying ahead in the rapidly evolving digital economy.
  • The company's ability to attract significant investments, such as the $735,000 from Mission Wealth Management LP, highlights strong investor confidence and potential for growth.
  • Approval of Ethereum ETFs could significantly boost mainstream adoption and investment in digital assets, positioning Grayscale as a key player in the market.

What critics are saying

  • The highly dynamic and competitive nature of the cryptocurrency market could lead to volatility and regulatory challenges for Grayscale.
  • Dependence on regulatory approvals for new products like Ethereum ETFs introduces uncertainty and potential delays in product launches.

What makes Grayscale Investments unique

  • Grayscale Investments is a pioneer in digital asset management, focusing exclusively on cryptocurrency and blockchain markets, unlike traditional asset managers.
  • Their flagship product, the Grayscale Bitcoin Trust (GBTC), is the first digital currency investment vehicle to attain SEC reporting company status, providing a level of regulatory compliance and transparency that sets them apart.
  • Grayscale's business model of creating and managing ETFs and trusts that hold digital assets ensures a secure and transparent investment environment, appealing to both institutional and individual investors.