Exchange-traded fund (ETF) issuer ClearShares has changed one of its ETF ticker symbols from $BTC back to the symbol it was originally, $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 or not 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 positions for an impending ETF product.
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