Invesco blockchain ETF launches on London Stock Exchange

posted 2 months ago
Invesco launched a blockchain ETF today. The Invesco Elwood Global Blockchain ETF started trading on the London Stock Exchange on Monday. The ETF will invest in companies such as Taiwan Semiconductor Manufacturing, which supplies cryptocurrency manufacturers with mining chips, and CME Group, the US exchange operator that has pioneered Bitcoin futures trading.

The ETF will initially invest in a portfolio of 48 companies based on a proprietary scoring system developed by Elwood Asset Management, a specialist crypto investment boutique backed by Alan Howard, co-founder of the Brevan Howard hedge fund.
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