ETF/ETP Counsel

Grayscale is the largest digital asset-focused investment platform in the world by AUM and offers the broadest selection of digital asset investment products in the U.S. based on number of products.

Our platform spans the full spectrum of institutional-grade solutions—from single-asset exposures to diversified and thematic strategies—with a goal of providing every investor with access to the hyper-expanding digital asset universe.  Our firm offers a rare combination of decades of traditional finance work experience and digital asset leadership that brings an institutional mindset to the maturing digital asset industry. This convergence of capabilities positions us to deliver investment solutions and client experiences that are both institutionally robust and technologically advanced, which we believe offers a competitive edge that is difficult to replicate.

We’re proud of our deep crypto expertise and work closely with individual and institutional investors as they explore this asset class as part of their portfolio allocation.

Position Summary:

Grayscale Investments is seeking a mid-level attorney to serve as its ETF/ETP Counsel and support its growing suite of registered investment products. The ETF/ETP Counsel will be deeply involved in forming and maintaining Grayscale’s investment products, which may include exchange traded funds, ’40 Act funds and other exchange traded products registered under the ’33 Act.

Responsibilities:

• Form and maintain listed investment products, which may include exchange traded funds, ’40 Act funds and other exchange traded products registered under the ’33 Act.
• Manage requirements and obligations of Grayscale’s registered investment adviser.
• Negotiate relationships with key service providers such as authorized
• Understand the priorities, legal and regulatory needs of SEC-registered public market
• Maintain up-to-date and consistent disclosures, offering memoranda and
• Assist with preparing annual, quarterly and current reports (i.e., N-1A, N-PORT, 10-Ks, 10-Qs and 8-Ks).
• Stay up to date on SEC rules, guidance and interpretations that impact the
• Work with and manage outside
• Respond to regulatory
• Review, draft and amend standard commercial agreements and NDAs for investment products.
• Interact and work with finance, accounting and operations team and service providers as regulatory obligations and internal controls expand.

Prior Experience/Requirements:

• JD from a top-tier law school or top degree from a leading
• 6-8 years of experience inhouse at an ETF issuer or New York law firm capital markets or Investment Company Act
• Experience with SEC filings and working with commercial printers (e.g., Donnelly, Merrill).
• Experience working with authorized participants and other ETF market
• Experience working with SEC’s Division of Corporation Finance, T&M and/or IM (preferred).
• Knowledge of cryptocurrencies and their legal and regulatory implications (preferred).
• Advanced MS Office skills including MS Word, PowerPoint, and
• Strong attention to detail, including mechanical aspects of drafting
• Strong organizational skills, including maintenance of checklists
• Excellent drafting and writing skills
• Strong research skills and an inquisitive mindset
• Multitasks and manages/prioritizes workload to meet aggressive deadlines
• Analytical thinker that can work independently in a fast-paced environment
• Strong interpersonal and communication skills
• Ability to work with limited supervision yet knows when to ask for help and works well in a team

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.