Cryptocurrencies
State Street, Galaxy Launch Crypto-Linked ETFs Even as Outflows Build
- Trio of new ETFs will buy shares of crypto-involved companies
- Investors have been pulling back from spot Bitcoin ETFs
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State Street Global Advisors and Galaxy Asset Management are launching a trio of cryptocurrency-focused exchange-traded funds even as investors pull back from spot Bitcoin funds.
The SPDR Galaxy Digital Asset Ecosystem ETF (ticker DECO), the SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO) and the SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) begin trading on Tuesday, according to a statement.