Posted 2/28/2024, 6:30:00 PM
Spot Bitcoin ETFs and Crypto Separately Managed Accounts Emerging as New Avenues for Compliant Crypto Investing
- Recent approval of spot Bitcoin ETFs provides new avenue for safe, compliant Bitcoin access
- Crypto separately managed accounts (SMAs) gaining traction as customizable vehicle for crypto exposure
- SMAs allow direct ownership of wide range of crypto beyond Bitcoin
- SMAs easy to tailor to different clients and strategies
- Qualified crypto custodians key for security; tax advantages possible with SMA approach