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Valkyrie Funds to Offer Crypto SMAs, Challenging Ark and Franklin Templeton

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The market has not previously seen crypto SMA because crypto remains “a fairly new asset class,” with only a few firms building traditional products with crypto exposure, Key explained. There is a growing section of crypto-curious traditional investors, who are hesitant to make direct investments, which means there is a market for SMAs, he noted.

Source: CoinDesk