E.T.?

The surge of institutional interest in digital assets and blockchain technology over recent months shocked many after last year’s crypto meltdowns. But the U.S. Securities and Exchange Commission's (SEC) January approval of bitcoin exchange traded products (ETPs), the FCA’s recent update and approval of cryptoasset-backed Exchange Traded Notes (cETNs) for professional investors, BlackRock's bitcoin exchange traded fund (ETF) hitting the $10 billion mark faster than any other in history, and now their SEC filing last week for the USD Institutional Digital Liquidity Fund to invest in tokenised assets, all mark a milestone in the evolution and wider adoption of Web3 technology across financial services.