German asset management company DWS plans to launch a crypto ETF for retail investors

ChainCatcher news, according to Bloomberg, DWS, a German asset management company with approximately $900 billion in assets under management, is preparing to launch a cryptocurrency exchange-traded fund for retail investors. In April of this year, DWS signed an agreement with cryptocurrency fund management company Galaxy Digital Holdings Ltd. to develop a set of ETFs for the European market. In addition to developing cryptocurrency ETFs for retail buyers, the DWS Fintech fund has also expanded its willingness to purchase cryptocurrencies.