Asset managers are increasingly investing in cryptocurrency, but they're doing so through a range of regulated financial products. Spot ETFs, digital asset funds, and tokenized funds are among the types of investments being made. Some also invest in qualified custodians, which provide secure storage for cryptocurrencies, as well as equity in blockchain companies. The primary goal of these investments is to offer clients access to digital assets within existing brokerage, retirement, or advisory structures. This approach prioritizes custody and security, reflecting the industry's cautious approach to cryptocurrency investing.
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.