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The RIA roll-up market has seen a decade of explosion The marketplace for RIA M&A networks is currently overrun with players — from brand-new entrants from outside the U.S. to well-established RIAs. Over the past 15 years, the RIA aggregator market has taken off. March 8, 2021 8 MINS Ten to 15 years ago, when the very first group of aggregators, or roll-ups, of registered investment advisers were arranging and completing their first round of M&A deals, there were three pillars in the industry’s mergers and acquisitions landscape, plus one outlier. The first pillar wa...

Amid a flurry of activity in the crypto fund space, the race is now on for the first Ether ETF

Amid a flurry of activity in the crypto fund space, the race is now on for the first Ether ETF

Posted on 355 CI Global Asset Management (“CI GAM”) announced today that it has filed and obtained a receipt for a preliminary prospectus for CI Galaxy Ethereum ETF (“ETHX” or the “ETF”). When launched, it is expected to be the first ETF in the world to invest directly in Ether, the cryptocurrency built on the Ethereum blockchain. “Cryptocurrencies are transforming the financial world, and we are excited to launch the world’s first ETF investing directly in Ether, one of the most highly valued cryptocurrencies,” s...

Reading Time: 2 minutes by Wayne Jones on February 26, 2021 Ethereum On 25 February, CI GAM (CI Global Assets Management) heralded the filing of the CI Galaxy Ethereum ETF; furthermore, it received a preliminary prospectus for the same. The First ETH ETF As the company looks forward to the ETF launch, it will stand as the first-ever ETF investing directly on ETH. Also, it has selected Galaxy Digital Capital Management LP as the fund’s subadvisor; the ETF will be traded on the Toronto Stock Exchange (TSE). CI Global Assets Management is a subsidiary of CI Financial, prided as one of the...