New BlackRock ETF invests in 35 blockchain companies

Bitcoin IRA

BlackRock, the world’s largest asset manager, has launched a new exchange-traded fund (ETF) providing European customers with access to investment in the blockchain space.

The new ETF, called the iShares Blockchain Technology UCITS ETF, launched on 27 September and invests in 35 blockchain firms.

BlackRock stated that three quarters of the ETF holdings come from blockchain companies such as exchanges and miners, while the remaining quarter is made up of companies that...

BlackRock files for blockchain tech ETF

BlackRock

BlackRock, the world’s largest asset management corporation, has filed an application with the US Securities and Exchange Commission (SEC) for a blockchain technology exchange-traded fund (ETF).

Despite the cryptocurrency market’s recent decline, BlackRock, with $10 trillion in assets under management, hopes to launch an ETF called the 'iShares Blockchain and Tech ETF'.

The filing was made on January 21 and plans to track the ICE index called the NYSE Factset Global...

Sberbank unveils blockchain ETF despite Russian government’s stance

Stock Exchange

Sberbank, Russia’s largest bank, plans to launch the first blockchain exchange-traded fund (ETF) in the former Soviet Union despite Government opposition to cryptocurrencies.

The new ‘Sber Blockchain Economy Fund' will give investors access to the blockchain space without the direct need to buy and store digital assets.

It does this by tracking the state-owned bank’s Blockchain Economy Index, which includes securities of companies that deal with cryptocurrency and...