In this week’s fund news, Alerian buys ETF Trends and ETF Database; fund companies are giving VC firms a run for their money; and crypto asset manager Grayscale hires a new head of ETFs.
Start having conversations with clients now to retain and reel in both the crypto-haves and the crypto-ready-to-haves.
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Aug 12, 2021
Increasingly, advisors are turning to automation to help them manage data and workflow.
Advisors, and their accredited investor clients, should take note of this previously niche capital-raising method.
The fund will be presented to clients as the safest and cheapest Bitcoin investment vehicle available on the private markets.
The fund will invest in a basket of stocks intended to have a correlation of up to 90% with the Bitcoin price.
A look at the new ETFs that sponsors launched during the month of July.
David LaValle will drive the effort to convert the $25 billion Grayscale Bitcoin Trust (GBTC) into an ETF.
