Join hands with Galaxy Fund! SPY Issuer State Street Enters Cryptocurrency ETF Space

1. ETF issuer State Street Global Advisors has partnered with Galaxy Asset Management to launch the SSGA Active Trust ETF to provide investors with a wider range of investment opportunities in the crypto field.

2. SSGA Active Trust’s investment scope includes:

   • Cryptocurrency and blockchain company stocks
   • Cryptocurrency futures ETFs
   • Cryptocurrency futures contracts
   • Cryptocurrency spot ETP
3. Cryptocurrency company coverage Blockchain software developers, Bitcoin miners, exchanges, and crypto payment processors.
4. State Street launched SPY in 1993 and manages more than US$4.9 trillion in assets, making it the world's largest ETF. Galaxy, which focuses on digital assets, manages about $6.2 billion in assets.
5. Bloomberg ETF analyst Eric Balchunas pointed out that many crypto-themed ETFs have performed well recently, beating the S&P 500 Index. Issuers of some of these ETFs include VanEck, Invesco, Bitwise, Fidelity and Grayscale.

   

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