It’s been just over two years since the SEC approved the first spot crypto ETFs. Today there are more than three dozen such funds on the market with nearly $120 billion in assets under management. Advisor use of crypto ETFs has steadily risen in that time. However, they are not the only tools available for crypto allocations. 

While crypto ETFs are an easy way to gain some crypto exposure, for other clients, more sophisticated products might be a better option. Those include SMAs, model portfolios, options-based crypto ETFs. 

The latest significant development came last week when Prometheum Inc., a crypto platform designed to comply with SEC regulations and FINRA rules, through its subsidiary Prometheum Capital, launched Digital…