What the Latest Crypto Crash Means for ETFs

The implosion of FTX may have set digital assets back by years, and the fallout is still expanding.

Sam Bankman-FriedPhotographer: Jeenah Moon/Bloomberg
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The crypto market may not be dead, but it’s arguably in a temporary coma thanks to the spectacular implosion of Sam Bankman-Fried’s FTX. The bankrupt crypto exchange, with billions of dollars of customer funds allegedly missing, has spooked all but the hardcore believers and potentially set the digital asset class back by years.