State Street Galaxy Transformative Tech Accelerators ETF

TEKX

Market cap $12.1M

Crypto equity ETFs (or blockchain ETFs) were once one of the main ways to access the crypto theme in an ETF wrapper. That changed after the January 2024 approval of spot bitcoin ETPs, which gave investors a simpler and more direct way to express a bitcoin view.

For ETF investors, the onslaught of crypto ETF launches has created some short-sighted excitement. The spot bitcoin ETF launch, in particular, contributed to some buzz around rising bitcoin prices that seemed to cloud the long-term growth drivers of the industry.

Bitcoin has had its highs and lows when it comes to investor interest (and its prices). But lately, interest has remained relatively high, and bitcoin prices have now reached over $70,000.

On this week's episode of ETF Prime, host Nate Geraci sat down with Roxanna Islam, head of sector & industry research at VettaFi. Geraci and Islam discussed new ETF filings from BattleShares, Cambria, iShares, Canary, and others.