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Stock impact report

State Street, Galaxy Digital team up to create new digital asset ETFs [Seeking Alpha]

State Street Corporation (STT) 
Last state street corporation earnings: 4/17 07:38 am Check Earnings Report
US:NYSE Investor Relations: investors.statestreet.com
Company Research Source: Seeking Alpha
Galaxy Asset Management, part of Galaxy Digital Holdings ( OTCPK:BRPHF ), to offer investors enhanced strategies centered on digital assets by developing new exchange-traded funds offering exposure to digital assets, the companies said Wednesday. State Street Bank and Trust is expected to provide administrative and accounting services for the new digital assets ETFs that State Street Global Advisors and Galaxy ( OTCPK:BRPHF ) jointly create pursuant to this collaboration. STT already provides such services a number of portfolios that house digital assets. Most recently, State Street ( STT ) started providing services for three of the first Spot bitcoin ( BTC-USD ) ETFs launched in the U.S. that integrated its service model with three digital custodians. “We believe that the digital assets landscape is so much more than the single crypto components and that crypto native companies are best equipped to understand that ecosystem and its correlation with financial markets,” said Ann Show less Read more
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