Dave LaValle, Managing Director and Global Head of ETFs at Grayscale Investments, the largest crypto asset manager in the world, discusses the fast-evolving space of digital assets with Sherman Show hosts Jeffrey Sherman and Samuel Lau. Mr. LaValle first briefly describes his career in finance, which began with a finance course while he was a pre-med theology major in college (0:38). Launching into his subject matter, he explains how the road for a crypto asset to become a digital currency first involves, its first becoming a store of value, a process that is under way (6:47). Among his views on crypto, Mr. LaValle says (13:46), “Bitcoin is established and has strong market cap. Ethereum is established and very strong market cap.” He discusses strategies for managing or offsetting risk in this speculative space (14:31). In response to the slowness of traditional financial professionals to respond to interest in the digital assets (22:31), Mr. LaValle points out that investors are finding their own ways to invest in them. This segment of the Sherman Show was recorded April 11, 2022.
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