Definition
Crypto ETFs/ETPs are exchange-traded products that track digital-asset prices (bitcoin, ether, SOL, etc.) via spot holdings or benchmarks, offering broker-accessible wrappers without direct wallet custody.
Key Points
- Bank-affiliated managers entering after pure-crypto issuers — distribution edge via advisors and retail brokerage
- Staking pass-through is a 2026 product differentiator for ETH/SOL products
- Trusts may not be Investment Company Act ‘40 Act funds — distinct risk/disclosure regime