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State Street And Galaxy Digital To Launch Digital Asset ETFs Beyond Bitcoin

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By on June 27, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post State Street And Galaxy Digital To Launch Digital Asset ETFs Beyond Bitcoin appeared first on Coinpedia Fintech News

State Street Global Advisors and Galaxy Digital have revealed plans to launch the SPDR Galaxy Digital Asset Ecosystem ETF. The companies that may be exposed to this ETF include crypto exchanges, mining firms, hardware wallet providers, and venture capital firms. With the SPDR Galaxy Digital Asset Ecosystem ETF, investors will have access to futures and spot ETFs related to digital assets, beyond Bitcoin. This strategic move is to meet the evolving demands of institutional and retail investors who are seeking broader exposure to the $2.4 trillion digital asset ecosystem.

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