Coming back after the summer break always reminds us of the return to school, those dreaded back to school adverts, buying school uniforms and getting new books for the year ahead. Yuck
For those of you shuffling back into the office you missed out on last week’s big news. Grayscale gave the SEC a bloody nose and the price of Bitcoin took a jump as a result. High drama indeed. Who said summer was always a quiet time.
A wild week in markets, but that doesn’t stop ETFs from plowing ahead with new fund launches and index changes and a PwC survey is predicting that global ETF assets will hit $20tn by 2026.
Fund launches last week continued to be busy while ETF news on the flow side and regulatory front were somewhat quiet given the short holiday week. In the US, the largest crypto trust announced plans to convert to an ETF which has to rattle the competitor cages of those who have already filed.
