Crypto for Advisors: Crypto Products Advisors need to assess ETP custody, sponsor profiles, and fees.
Read expert advice on bitcoin-backed loans, including margin call risks and when to sell vs. borrow
What to know: In today’s newsletter, Sarah Cummings from Morgan Stanley Investment Management provides insights and considerations when assessing crypto exchange-traded funds. Then, in “Ask an Expert,” Ryan Tannahill from iA Private Wealth USA, answers questions about borrowing against bitcoin assets. Assessing Crypto ETPs in an Evolving Market When evaluating exchange‑traded funds (ETFs), investors typically focus on factors such as fees, liquidity and tracking.
Spot bitcoin exchange‑traded products (ETPs) introduce additional dimensions of due diligence that investors may be less accustomed to assessing. First launched in January 2024, these vehicles — structured as grantor trusts under the 1933 Act — seek to track bitcoin Core ETF considerations As with any ETF, headline costs and trading characteristics matter. Fees and waivers.