9/22, 12:20 PM (Source: TeleTrader)
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Invesco plans to launch 'lineup' of crypto ETFs - report

Exchange-traded funds (ETF) operator Invesco Ltd. plans to team up with Galaxy Digital Holdings Ltd. in order to launch "a lineup of funds" backed by cryptocurrencies, The Wall Street Journal reported on Wednesday.

A filing to the United States Securities and Exchange Commission (SEC) from the day before shows that the two companies have filed an application for their first crypto-backed ETF, with Invesco listed as "fund's sponsor."

In terms of assets under management, Invesco is currently the world's fourth-largest ETF provider.

Breaking the News / BU