Who Wants Another Private Credit ETF? Asking for State Street
PRIV has been met with muted demand. But State Street is already planning a second one.
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Welcome to ETF IQ, a weekly newsletter dedicated to the $14 trillion global ETF industry. I'm Bloomberg News reporter and anchor Katie Greifeld.
'If you build it, they will come' hasn't necessarily been State Street Corp.'s experience in launching the first-ever private credit ETF, which has been met with incredibly muted demand. Nevertheless, the firm is already planning for round two.
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