ICE Eyes Crypto ETF Custody Market with $184B Prize

The Intercontinental Exchange (ICE), parent company of the New York Stock Exchange (NYSE), is eyeing the $184 billion crypto ETF custody market. ICE is reportedly in talks to establish a digital trust for cryptocurrency exchange-traded funds (ETFs). This move would enable institutional investors to store and manage their digital assets securely.

The digital trust, if established, would be a significant development in the cryptocurrency space, as it would provide a secure and regulated environment for institutional investors to hold and manage their crypto holdings. ICE's entry into the market would also bring a level of credibility and legitimacy to the industry.