State Street teams up with Galaxy, eyeing new ETFs beyond Bitcoin. State Street believes the “next level of growth” will come from investment options offering more than “pure spot” Bitcoin. Asset manager State Street Global Advisors has partnered with the crypto investment firm Galaxy Digital to launch new exchange-traded funds that provide exposure to digital assets. In separate statements, the two investment firms have hinted that these ETFs would expand “beyond” spot Bitcoin ETFs.“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 Street said in a June 26 statement.“We believe this is where the next level of growth is for the digital asset ecosystem.”
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[Source](Mike Novogratz) 

 State Street Global Advisors, an asset manager with $4.1 trillion in assets under management, has partnered with Galaxy Digital, a crypto investment firm, to launch new exchange-traded funds (ETFs) that provide exposure to digital assets beyond spot Bitcoin ETFs 

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