DeFi Technologies and Professional Capital Management Partner to Propose Exploration of the U.S. ETF Market

DeFi Technologies Inc. and Professional Capital Management (led by Anthony Pompliano, co-founder of Morgan Creek Digital) have entered into a partnership to explore opportunities in the fast-growing U.S. exchange-traded fund (ETF) The partnership is said to be launching an ETF solution to support the evolving needs of U.S. investors, with no details disclosed at this time, or whether it will apply to regulators to launch an ETF product. As of early 2024, U.S.-listed ETFs had more than $7.5 trillion in assets under management, growing at a compound annual growth rate of approximately 15 percent since 2010, according to data.