The market has not previously seen crypto SMA because crypto remains “a fairly new asset class,” with only a few firms building traditional products with crypto exposure, Key explained. There is a growing section of crypto-curious traditional investors, who are hesitant to make direct investments, which means there is a market for SMAs, he noted.
Related posts
-
Crypto Shake-Up: Bitcoin ETFs Plummet as Ether Funds Surge Ahead
On Christmas Eve, the 12 spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $338.38 million, while... -
6 Bitcoin funds launch in Israel next week: report
The global adoption trend for Bitcoin-related investment products continues to strengthen, with Six new mutual funds... -
3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves
Eleven months and thirteen days ago, the U.S. welcomed its first spot bitcoin exchange-traded funds (ETFs)...