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
“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