Wall Street prepares to launch a new generation of cryptocurrency-related ETFs
Internet reports that with the return of cryptocurrency-friendly Trump to the White House, in this $3.2 trillion industry, Wall Street is preparing to launch a new generation of risk-based products to satisfy all aspects, from institutional novices to diehard retail investors. Various investor tastes. Executives and lawyers involved in ETFs say the products they describe include both defensive ETFs aimed at professional fund managers curious about cryptocurrencies, and all-round speculative bets aimed at people who call themselves degenerate gamblers. Industry investors and lawyers say that riskier cryptocurrency ETFs may focus on a variety of digital tokens, sometimes using leverage, options or quantitative strategies.
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