Wall Street Prepares to Launch Next Generation of Cryptocurrency-Related ETFs
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2024-11-26 05:02:01 5,675
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Golden Finance reports that as the cryptocurrency-friendly Trump returns to the White House, Wall Street is preparing to launch a new generation of risk-based products in this $3.2 trillion industry to fully satisfy everyone from institutional novices to die-hard retail investors. various investor tastes. Executives and lawyers involved in ETFs say they describe products ranging from defensive-focused ETFs for professional fund managers curious about cryptocurrencies to full-scale speculative bets for self-described degenerate gamblers. Industry investors and lawyers say riskier cryptocurrency ETFs may focus on various digital tokens, sometimes using leverage, options or quantitative strategies.