Share this article
Galaxy Digital to Develop European-Listed ETPs With Asset Manager DWS
The product will give investors in Europe access to digital assets through traditional brokerage accounts.
Updated May 9, 2023, 4:13 a.m. Published Apr 26, 2023, 12:07 p.m.
Crypto financial-services firm Galaxy Digital is teaming up with asset manager DWS to develop exchange-traded products for listing in Europe, according to an announcement on Wednesday.
The ETPs will give European investors access to digital-asset investment through traditional brokerage accounts. Frankfurt, Germany-based DWS, which has 821 billion euros ($907 billion) in assets under management, will be Galaxy's "exclusive ally" for crypto ETPs in Europe, the announcement said.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Galaxy has previously listed exchange-traded funds in Canada with CI Global Asset Management.
While the U.S. Securities and Exchange Commission's repeated rejection of applications to list spot bitcoin ETFs in the U.S. has been a source of frustration in the industry, similar products are now well established in Europe and Canada.
The investment vehicles provide institutional investors with an entry point to crypto without requiring the investors to own digital assets directly, which has been impediment to wider adoption.
Read More: Galaxy Digital Closes $44M Acquisition of Self-Custody Platform GK8
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Coinbase’s Base faces builder backlash over creator coin push
Builders on Base are pushing back against the network’s close alignment with Zora, arguing the creator-coin narrative sidelines established projects.
What to know:
- Base has seen a surge in creator-coin issuance via Zora, with daily token mints surpassing Solana in August, boosting onchain activity and attention.
- Some Base-native projects say marketing and social support has become narrowly focused on Zora-linked initiatives, leaving other established communities without recognition.
- While Base continues to process more than 10 million transactions per day, critics warn that deteriorating builder sentiment could push projects toward rival chains like Solana or Sui.
Top Stories
