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The $1.5tn firm is among a handful of asset managers that have applications for spot bitcoin ETFs awaiting approval

Asset Management Correspondent

Invesco’s global head of exchange traded funds says a ruling that the US regulator was wrong to reject a spot bitcoin ETF application by a rival asset manager marks a “significant milestone” in the push among asset managers to launch crypto products.

The $1.5tn Atlanta-headquartered firm is among a handful of asset managers that have applications for spot bitcoin ETFs awaiting approval from the Securities and Exchange Commission.

Invesco: ‘Grayscale ruling is a significant milestone’ for bitcoin ETF prospects

David Ricketts

BlackRock

Invesco

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Currencies

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Find out who is on the move in the City and beyond this week

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Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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