Cryptocurrencies forming the basis blockchain technology continues to grow and the interest in this technology continues to increase.
The world’s largest asset manager aware of the interest in blockchain technology BlackRockhas launched the Blockchain ETF for its European clients.
Enabling investment in blockchain and cryptocurrency companies for their European clients “iShares Blockchain Technology UCITS ETF (BLKC)” The New York Stock Exchange will track the FactSet Global Blockchain Technologies index.
75% of this index cryptocurrency exchanges There are 35 companies from around the world as companies that are connected to the blockchain, such as miners and miners, and companies that support the blockchain ecosystem.
In this context, the BLKC, the new ETF, is directly to cryptocurrencies Does not include investment.
Omar Moufti, product strategist at BlackRock ETF, said in a statement:
“We believe cryptocurrencies and Blockchain technologies will become increasingly relevant to our customers as use cases evolve in scope, scale and complexity.
The continued proliferation of blockchain technology underscores its potential in many industries.
The exposure offered by the iShares Blockchain Technology UCITS ETF (BKLC) will give our clients the opportunity to engage with global companies that are leading the development of the emerging blockchain ecosystem.”
As may be recalled, BlackRock launched a private trust in August that offers spot Bitcoin exposure for US-based institutional clients.
BlackRock, also the leading cryptocurrency exchange coinbase for institutional investors Bitcoin (BTC) announced that it has formed a partnership to provide crypto money services, including
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