It’s a promising start for ETFs tracking companies linked to digital assets after a brutal 2022, when such funds were among the year’s biggest losers.

From BNY Mellon to Fidelity and BlackRock, members of the Wall Street establishment are planning for a future in digital-assets.

Vestmark’s launch of six Focused Index Portfolios this week represents the tech provider’s first foray into asset management. The firm’s fully personalized direct index platform is still in the works.

Adding factor exposures to traditional portfolios can significantly reduce tail risk while also enhancing efficiency.

‘Unpredictable’ stocks make design of fund impossible, AI says.