ANALYSIS: Will Thematic ETFs Ride the Cryptocurrency Wave?

Thematic exchange-traded funds (ETFs) are poised to be the ultimate beneficiaries of the renewed public interest in cryptocurrency, which spiked last month following the SEC’s recent loss in a federal appeals court.

The Grayscale case is expected to prop up the crypto industry, and there’s likely to be a rise in the amount of capital invested in the cryptocurrency market while investment companies move to be among the first to sponsor a spot Bitcoin ETF—an ETF that tracks the current, not future, value of Bitcoins. The first crypto ETFs may not hold investor interest for long though, as evidenced by ...