Invesco, a global fund giant overseeing approximately $1.6 trillion in assets, has revealed its intentions to launch the Invesco Galaxy Ether ETF, according to a recent filing.
Galaxy Digital Funds will serve as the execution agent for Invesco Galaxy Ether ETF, facilitating the purchase and sale of Ether by the trust. This move aligns with the growing trend of financial institutions recognizing the value of Ethereum as a viable investment option alongside Bitcoin.
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