Golden Finance reported that Decentralized Finance Technologies Inc. and Professional Capital Management (led by Anthony Pompliano, co-founder of Morgan Creek Digital) have established a partnership to explore the opportunities in the rapidly rising U.S. exchange-traded fund (ETF) market. It is reported that the two parties will launch an ETF solution to support the evolving needs of U.S. investors. Specific details are currently undisclosed, and it is also unclear whether they will apply to regulatory agencies to launch ETF products. Data shows that as of early 2024, the managed assets of listed ETFs in the United States have exceeded $7.5 trillion, with a compound annual growth rate of approximately 15% since 2010.
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