DaoFu Global Investment Management Company launches three ETFs for digital assets and disruptive technologies
State Street Bank Group (NYSE: STT)'s asset management business, State Street Global Advisors, announced today the launch of three actively managed digital assets and disruptive technology-focused ETFs. These are advised by Galaxy Asset Management, a subsidiary of Galaxy Digital Holdings Ltd. (TSX: GLXY), one of the world's largest digital asset and blockchain investment management companies. Chris Rhine, Head of Active Strategy at Galaxy Liquidity and Chief Investment Portfolio Manager for the three ETFs said: "With the rapid development of digital assets and blockchain technology, it is crucial to adopt a dynamic investment approach for this asset class. Our newly launched suite of actively managed ETFs allows investors to take advantage of opportunities in this transformative field while managing inherent volatility. By combining Galaxy's deep expertise in digital assets with State Street Bank's robust ETF infrastructure, we have the ability to realize long-term value in markets that are reshaping the future of finance."
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