State Street Global Advisors, the asset management business of State Street Group (NYSE: STT), today announced the launch of three actively managed digital asset and disruptive technology focused ETFs, advised by Galaxy Asset Management, an affiliate of Galaxy Digital Holdings Ltd. (TSX: GLXY) and one of the largest digital asset and blockchain investment managers in the world.
Chris Rhine, head of active strategy at Galaxy Liquidity and lead portfolio manager for three ETFs, said: "With the rapid development of digital assets and blockchain technology, it is critical to take a dynamic approach to investing in this asset class. Our newly launched suite of actively managed ETFs allows investors to take advantage of opportunities in this transformative space while managing inherent volatility. By combining Galaxy's deep expertise in digital assets with State Street's robust ETF infrastructure, we are well positioned to deliver long-term value in a market reshaping the future of finance."
State Street Global Advisors Launches Three Digital Asset and Disruptive Technology ETFs
2024-09-10 12:56:21
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