As cryptocurrency continues its march into mainstream finance, a new generation of investment products is reshaping how institutions and individuals gain exposure to digital assets. Navigating this space requires understanding critical distinctions that carry real consequences for performance, costs, and compliance.
Chapman partners Juan Arciniegas, Curtis Doty, Peter Hong, and Morrison Warren co-authored an article published by Thomson Reuters / Practical Law that provides essential guidance on this rapidly evolving landscape. The article explores key distinctions between spot crypto ETPs (which hold actual digital assets) and futures-based crypto ETFs (which use derivatives contracts) and provides valuable insight into market access considerations, compliance frameworks, and tax implications. Whether you're an investor, advisor, or legal professional, this article provides valuable insights on the legal, regulatory, and practical context to help you stay ahead. This article is reprinted with permission.