The world’s largest asset manager, Blackrock, has launched a blockchain exchange-traded fund . The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.”Blackrock, the world’s largest asset manager with $10 trillion in assets under management, announced the launch of itsThe Ishares Blockchain and Tech ETF seeks to track the investment results of an index composed of U.S.
Rachel Aguirre, head of U.S. Ishares Product at Blackrock, commented: “The expansion of our megatrends line-up today reflects the power of the millennial and rise of the self-directed investor, whose buying habits have reshaped mainstream consumer behaviors, and in turn, the companies in which they invest.” She added:
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