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

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

Rory Tobin tells FN it's hard to come up with a crypto investment case
Rory Tobin tells FN it's hard to come up with a crypto investment case

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.

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