Digital Asset Products

Definition ∞ Digital asset products are financial instruments or services that are built upon or represent ownership of digital assets. These can range from simple cryptocurrencies and stablecoins to more complex derivatives, exchange-traded products, and tokenized securities. They offer various ways for investors and users to gain exposure to or utilize digital assets within the financial system. The variety of these products continues to expand with technological innovation.
Context ∞ The current context for digital asset products often involves discussions around their classification by regulators, their integration into traditional finance, and the development of new product structures. Key debates focus on investor protection, market integrity, and the potential systemic risks associated with novel digital asset offerings. Critical future developments include the introduction of regulated spot ETFs for various digital assets and the expansion of decentralized finance (DeFi) products into more mainstream applications.