Copycat ETFs Are Everywhere. Should Issuers Worry?

Even though copycats have existed for years, some experts point to the advent of cryptocurrency ETFs as the moment when blatant dupes began taking off. Last year, the SEC approved 11 spot bitcoin products — all roughly identical, save for fees and share prices. Since then, spot products tracking different cryptocurrencies and crypto indexes also began trading. Despite there being multiple versions of these products, however, many have managed to remain relevant due to the sheer size of the spot bitcoin mark ...