May 25, 2022

The investment giant Invesco prepares products with bitcoin support

An investment giant with assets under management of more than $ 1, 3 trillion and one of the largest sellers of stock exchange funds (ETF) in the USA Invesco plans to launch a series of products supported by bitcoins (BTC) and other cryptocurrencies, according to the Wall Street Journal.

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22 September asset management in AtlantaAnnouncement of cooperation with the start-up in the field of digital assets for Galax Digital Holdings, in the framework of which there will be created ETFs, which will have the same bit

If the Securities and Exchange Commission (SEC)will allow trading in virtual currencies and managing them, Galax Digital plans to satisfy investors' interest in digital assets in the form of cryptocurrency ETFs.

Bloomberg Intelligence Shopping Strategy MikeMcGlone believes that the United States may authorize the creation of a Bitcoin ETF by the end of October. In addition, he noted that Canada had created a competitive advantage ahead of the United States by approving Bitcoin ETFs in the air.

In connection with this, MacGlone noted thatInstitutional crypto products in Canada are attracting money from the United States, including from Ark Invest Kati Wood. He is convinced that the American legislators will not settle for this for a long time.

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