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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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