State Street and Galaxy Asset Management Collaborate on Innovative Crypto ETFs

State Street Global Advisors has partnered with Galaxy Asset Management to expand access to the digital asset ecosystem with new ETFs. 

This collaboration aims to offer advanced digital asset-based strategies beyond cryptocurrencies and bitcoin, providing investors with exposure to the $2.4 trillion digital asset space. Leveraging Galaxy’s expertise, the partnership seeks to make digital assets more accessible to both institutional and retail investors. 

State Street will provide administrative and accounting services for the ETFs, further cementing its role in the digital asset industry.

Clever Robot News Desk 29^th June 2024