It's interesting that Scotiabank in Canada has now launched an actively managed ETF with crypto assets. It's somewhat strange to see traditional banks seriously engaging in crypto products. The portfolio includes major cryptocurrencies plus about 10% stocks, and the fee is only 25 basis points — really low for active management in the Canadian market. According to a Bloomberg analyst, such a fee is rare for actively managed crypto funds. It seems banks are beginning to realize that crypto investments are not just a trend but a real asset class. Maybe other Canadian banks will follow suit?

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