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The world's third-largest ETF provider is unlikely to follow BlackRock with a bitcoin product

Asset Management Correspondent

State Street Global Advisors, the world’s third-largest exchange traded funds provider, doesn’t believe there is a strong enough investment case to launch crypto products.

That is despite its largest rival — BlackRock — filing for a bitcoin ETF in the US.

State Street’s ETF boss: ‘There’s no investment case for crypto’

David Ricketts

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