ETF Express Newsletter 14.06.24

ETF Express announces winners in 2024 Canadian awards

This week’s newsletter comes to you from sunny Toronto where the team has arrived to host our second ETF Express Canadian awards. The winners in the room are detailed in our feature on the story. The Canadian ETF industry is best known for inventing the ETF and for being innovative in its creation of new products and offerings for its investors.
Many congratulations to all our winners.
This week saw Fiona Nicolson talking to Komainu, custody providers in the digital asset space, with chief commercial officer Darren Johnson saying: "Digital-asset ETPs are emerging as a key contender for institutional adoption of cryptocurrency, due to their regulatory compliance, accessibility and familiarity for the finance industry, compared with direct crypto investment.
"Major approvals, like those for bitcoin and Ethereum ETPs in the US and ETNs in the UK signify positive strides towards mainstream acceptance and regulation of digital assets, helping to legitimise them within the broader financial landscape, while ensuring investor protection and market transparency."
Looking forward, Johnson says: "Single-asset ETPs, for example the bitcoin ETF, have stolen the headlines, but the next phase of innovation will be multi-asset digital asset ETPs. These capture a diversified basket of digital assets and cryptocurrencies and allow investors to track the market through one instrument."
June in Europe in the fund industry means just one thing: IMPower Fund Forum and this year sees me chairing a number of ETF sessions at the event in Monaco. Readers who wish to attend can use this code FKN3276EMSPK to join me with a 10 per cent discount.

Beverly Chandler, Managing Editor
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