🌟 Crypto News! 🌟
State Street Global Advisors and Galaxy Asset Management just launched 3 new crypto ETFs on September 10! 🚀
- SPDR Galaxy Digital Asset Ecosystem ETF (DECO)
- SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO)
- SPDR Galaxy Transformative Tech Accelerators ETF (TEKX)
These funds focus on blockchain and Web3 technology, not just crypto.
👉 DECO and HECO invest in stocks and crypto, including Bitcoin mining companies and chip manufacturers.
👉 TEKX focuses on blockchain and AI stocks.
Management fees range from 0.65% to 0.9%, lower than many other actively managed funds but still higher than passive funds.
Franklin Templeton and Hashdex are also waiting for approval to launch crypto ETFs in the US.
What do you think about this trend? Comment now! 💬