In a noteworthy alliance in the asset management arena, Invesco has teamed up with Galaxy Digital, under the leadership of Mike Novogratz. Sources confirm that the collaboration aims to introduce a new Ethereum spot exchange-traded fund.
Invesco and Galaxy Digital Collaborate on Ethereum ETF Venture
ETF Newz Says:
The announcement has garnered significant attention from investors and market watchers, keen to understand the implications of this joint venture. As details emerge, many are optimistic about the potential of this new ETF to offer a fresh avenue for Ethereum-based investments.