BlockBeats reported that on September 10, State Street Global Advisors, the asset management business of State Street Bank Group, announced today the launch of three actively managed digital assets and disruptive technology-focused ETFs, with advisory services provided by Galaxy Asset Management, a subsidiary of Galaxy Digital Holdings Ltd. and one of the world's largest digital asset and blockchain investment management companies.
The SPDR® Galaxy Digital Asset Ecosystem ETF (DECO), the SPDR® Galaxy Hedged Digital Asset Ecosystem ETF (HECO) and the SPDR® Galaxy Transformative Technology Accelerator ETF (TEKX) seek to capitalize on market inefficiencies and developments in the rapidly changing digital environment through actively managed exposure to digital assets.