State Street's investment management company launches three ETFs focused on digital assets and disruptive technology
According to ChainCatcher news, as reported by Businesswire, State Street Global Advisors, the asset management business of State Street Corporation, today announced the launch of three actively managed ETFs focused on digital assets and disruptive technologies, with consulting services provided by Galaxy Asset Management, a subsidiary of Galaxy Digital Holdings Ltd. and one of the largest digital asset and blockchain investment management firms in the world.
The SPDR® Galaxy Digital Asset Ecosystem ETF (DECO), SPDR® Galaxy Hedged Digital Asset Ecosystem ETF (HECO), and SPDR® Galaxy Transformational Technology Accelerator ETF (TEKX) are designed to capitalize on market inefficiencies and trends in the rapidly changing digital environment through active management of digital asset exposure.