Bringing you live news and features since 2006 

Galaxy and Invesco establish partnership to develop US crypto ETFs

RELATED TOPICS​

Galaxy Digital Holdings, a financial services innovator in the digital asset, cryptocurrency, and blockchain technology sectors, and Invesco, the global asset management firm, have announced a strategic partnership to develop a comprehensive suite of US-listed, physically backed, digital asset ETFs.

The firm writes that this alliance of market-leading capabilities will offer investors an unprecedented combination of solutions and information that give structure to the complex and fast-moving digital assets space.

“Invesco has a long history of using ETFs to democratise investor access to disruptive, innovative asset classes. Now, through our partnership with market leader Galaxy Digital, we are able to incorporate their expertise of blockchain technology, digital assets and cryptocurrency into our product capabilities,” says John Hoffman, Head of Americas, ETFs & Indexed Strategies at Invesco. “This combination of complementary strengths will help clients safely and prudently navigate this exciting new asset class to help meet their desired investment outcomes.” 

“Galaxy Digital is laser-focused on helping investors safely and efficiently access this burgeoning asset class,” adds Steve Kurz, Head of Asset Management at Galaxy Digital. “Our partnership with Invesco, a longstanding ETF innovator, will bring the same thoughtful approach to educating investors about digital assets as Invesco has brought to the ETF industry itself.”

In the last three years, Invesco ETFs & Indexed Strategies has more than doubled its assets under management to USD471 billion globally by both launching new ETFs and, it writes, elevating existing products that help solve specific client needs.  

Galaxy Digital has USD2.1 billion in AUM. Its asset management business is rapidly expanding its capabilities to provide institutional-grade exposure to every investable corner of the crypto and blockchain ecosystems. As a first mover and leader in digital asset and blockchain funds, the asset management team combines extensive experience at both top-tier financial institutions and within the digital asset sector, working closely with bank platforms, institutional investors, and asset managers across distribution, client service, operations, and portfolio management.

Latest News

Tradeweb Markets has announced it has launched a market data service to calculate real-time Indicative Net Asset Values (iNAVs) for..
Bloomberg has announced the launch of ETF list trading via its ETF Request for Quote service (RFQe), writing that it..
The iShares Listed Private Equity UCITS ETF is designed to offer investors access to large, liquid, and listed private equity..
State Street Corporation has announced the launch of a Financial Information eXchange (FIX) application programming interface (API) for its Fund..

Related Articles

FREE
Detlef Glow, head of Lipper EMEA Research at Refinitiv, has published the Refinitiv Lipper ‘European ETF Industry Review: 2022’ commenting that 2022 was a remarkable year for investors around the globe. ...
ETF
We are very pleased to open the voting for service providers (selected by nominations) and ETP issuers, selected by our data partners, Trackinsight, for the European ETF Express Awards, in...
Bitcoin
Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Captain
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by