London Exchange Loses Half of ETF Team Ahead of Crypto Launch

London Stock Exchange Group Plc has lost half of its four-person team overseeing exchange-traded funds, just as it prepares to list its first products tied to cryptocurrencies.

Michael Stanley, LSE’s head of exchange-traded products, and business development head Hetal Patel have departed, a spokesperson for the exchange confirmed to Bloomberg without saying when they left. Stanley and Patel didn’t respond to requests for comment.