Fidelity, UBS and State Street Global are considering launching cryptocurrency exposure products such as Bitcoin

Fidelity, UBS and State Street Global are considering launching cryptocurrency exposure products such as Bitcoin

2021/11/24

According to reports, Fidelity, UBS, and State Street Global Advisors have confirmed that, like rivals BlackRock and Invesco, they are also Considering launching products that provide exposure to cryptocurrencies such as Bitcoin. In addition, Morningstar (Morningstar) data shows that the assets of European exchange-traded products (ETP) and mutual funds related to cryptocurrencies have exceeded 10.5 billion euros, demonstrating the potential attractiveness of these products to asset management companies.

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