Wall Street prepares new ETFs for diverse crypto investor appetite

Wall Street is getting ready to introduce a new wave of speculative exchange-traded funds (ETFs) in response to a crypto-friendly administration returning to the White House.

Financial executives are preparing to meet the growing demand from both institutional investors and retail traders, as cryptocurrency-linked ETFs, particularly those tracking Bitcoin, have attracted billions in investments since the election.

Industry insiders are now developing a range of products, including conservative ETFs for professional money managers and high-risk options for more adventurous investors, often referred to as "degens." This reflects a broader trend in the financial markets as traditional firms adapt to the changing landscape of digital assets.

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