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BREAKING: World Finally Runs Out of Excuses to Invest in Shaky Blockchain Stuff as State Street Launches 3 More Crypto ETFs Because Why Not?

Crypto NewsInstitutional InvestorsRegulation/Negotiation Barry Thompson September 16, 2024

A illustration depicting three giant robots emerging from a volcano, each representing one of the ETFs: Blockchain (a robot with a blockchain chain wrapped around its body), AI (a robot with glowing blue circuits and wires) and Volatility Management (a robot holding a shield). In the background, flames and smoke erupt as if the market is being shaken up. The robots are moving towards each other in a dynamic pose, conveying movement and change.

Just when you thought the crypto bros were done fleecing unsuspecting rubes, along comes financial giant State Street with not one, not two, but three new ETFs dedicated to blockchain and AI – because what’s a little more volatility in your portfolio? These ‘actively managed’ funds are just code for .

Source: bitcoin.com

Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy
https://news.bitcoin.com/financial-giant-state-street-launches-3-digital-asset-etfs-with-galaxy
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies and adapt to the evolving digital asset space, offering investors exposure to cutting-edge technology trends through an informed, active approach. Asset management giant State Street Global Advisors announced on Tuesday the […]

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About the author

Barry Thompson

Barry’s crypto nightmare began when he bought Bitcoin at $3, thinking he’d stumbled upon the financial opportunity of a lifetime. He sold his stash at $100, only to watch in dismay as Bitcoin soared to absurd heights. Now, Barry channels his rage into scathing articles about the crypto circus, seething with resentment at the digital gold rush he barely missed. His motto: “I sold out at $100, but the joke’s on me because the real joke was believing in this absurd circus.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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