Galaxy Digital has partnered with asset manager DWS to develop exchange-traded products (ETPs) for listing in Europe. The ETPs will provide European investors with a cost-effective means of accessing digital asset investment through traditional brokerage accounts. DWS will be Galaxy's "exclusive ally" for crypto ETPs in Europe, according to the announcement. The move comes as similar products are well established in Europe and Canada, providing institutional investors with an entry point to crypto investment without requiring them to take direct control of underlying assets. Galaxy has previously listed exchange-traded funds in Canada alongside CI Global Asset Management.

(By Jamie Crawley)