One of the largest banks in the US, and Galaxy Digital are teaming up to launch crypto ETFs .

This comes after the SEC approved Bitcoin spot ETFs on January 10, which preserves many investor rights in the US.Here are the key points:

State Street and Galaxy Digital are partnering to launch ETFs that invest in cryptocurrencies.

State Street will manage the funds, while Galaxy Digital will handle daily operations.

The ETFs will be managed by State Street Global Advisors and Galaxy Asset Management.

This partnership brings together State Street's vast resources (4.3 trillion assets under management) and Galaxy Digital's crypto expertise.This collaboration represents a significant step towards mainstream adoption of cryptocurrencies, offering investors a new way to access the crypto market through a traditional financial institution.

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