Former Alerian and Nasdaq executive Robert Hughes is the new CEO of First Trust Direct Indexing, the new brand name for Veriti, taking over for co-founder and Managing Partner James Dilworth.
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.
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