The advent of the cryptocurrencies and DeFi as an asset class has created a virtuous circle where the demand from investors to access digital assets fuels new product activity. At the same time, product providers are accelerating crypto adoption.

As the main vehicle to access the crypto market, ETPs drive most of the investing activity in the retail market. Crypto ETFs/ETPs listed globally increased by 38.7% from US$6.02 billion at the end of June 2022 to US$8.35 billion at the end of July 2022, according to data from research firm ETFGI. Since the launch of the first Crypto ETP in 2015, the Bitcoin Tracker One-SEK, the number and diversity of products have increased steadily. There are more than 160 crypto ETFs/ETPs listed gl

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