First Trust Global Portfolios launches blockchain ETF

posted 11 months ago
First Trust Global Portfolios has launched what is thought to be Europe's first blockchain ETF with index provider Indxx, intended to give investors exposure to companies which are actively investing in resources in the space or have products which are poised to benefit from blockchain technology.

Derek Fulton, CEO of FTGP, said: "We are pleased to bring to market this innovative ETF... with an increasing number of institutions harnessing blockchain technology and applications spanning a wide range of industries, we believe the efficiency, auditability and transparency provided by blockchain offers the potential for significant growth opportunities.
Tags: blockchain, news