Asset manager State Street Global Advisors has teamed up with crypto investment firm Galaxy Digital — aiming to launch new exchange-traded funds offering exposure to digital assets.
“Institutional and retail interest in digital assets has surged since the introduction of spot bitcoin ETFs. However, investors are also seeking exposure to this growing asset class through investment options beyond pure spot bitcoin,” the $4.1 trillion asset manager State StreetThis could range from crypto exchanges and mining firms to hardware wallet service providers and crypto-focused venture capital firms in the U.S. and abroad.
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