ETFs(Exchange - traded funds) AND THE BLOCKCHAIN

in #blockchain • 5 years ago

There's good news for blockchain enthusiasts because avenues are being opened up for investment and trading through recently launched (ETF) exchange-traded funds. An opportunity like this was caused by the global mania surrounding the rise in digital currencies.
But ETFs based on bitcoins have suffered because U. S regulators has rejected them and has approved ETFs based on blockchain,forcing more ETFs into the blockchain.
Regulators in Canada have also approved the country's first ETF based on blockchain called Blockchain Technologies ETF (HBLK), which was launched early last year 2018.
New feats are being acheived in the U. S since the launch of two ETFs, namely the Reality Shares Nasdaq NexGen Economy (BLCN) ETF and the Amplify Transformational Data Sharing (BLOK) ETF, because they have managed to collect $240 million worth of investments in just a week which is remarkable for new ETFs.images.jpeg.jpg

#finance #investment #earnings
5 years ago in #blockchain by
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