BlackRock, one of the world’s largest asset management companies, has launched an exchange-traded fund (ETF) focused on blockchain and cryptocurrency companies for European investors.
For BlackRock European investors blockchain and cryptocurrency technologies themed ETF announced its launch. “Ishares Blockchain Technology UCITS“new” ETF, New York Stock Exchange FactSet Global Blockchain Technologies restricted index will follow.
from around the world 35 the distribution of the index that includes the company, 75% companies whose primary business is blockchain, such as cryptocurrency mining companies and cryptocurrency exchanges, 25% The percentage is composed of companies working on payment systems and companies working on semiconductor technologies.
BlackRock made the following statements on the subject:
We believe digital assets will still become more relevant to our customers as use cases and areas expand in scope, scale and complexity. The increasing prevalence and development of blockchain technology points to the potential in this field.
Company August 2022 to US-based corporate customers in spot Bitcoin a special opportunity to benefit from the changes trust had put it on the market.