Breaking News - New Blockchain ETF’s launched.

in #vincents7 years ago (edited)

You may be interested to hear that the following two new Blockchain ETFs have been launched on Nasdaq

  1. Reality Shares' Nasdaq NextGen Economy ETF (BLCN)
  2. Amplify's Transformational Data Sharing ETF (BLOK)

Although they have not yet been approved by the SEC, the latter have 75 days to deapprove them.

For more details and conditions, please see the following article on Coindesk.....

https://www.coindesk.com/the-first-blockchain-etfs-have-launched-on-the-nasdaq-exchange/

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Do you think they will be officially tradable by spring?

Not sure. Personally, I would only invest in them after they're officially approved. But worth watching what happens over the next 75 days.

Update on 27-Feb-18: Both BLCN and BLOK were listed in the US stockmarket on 18-Jan-18 (i.e 40 days ago) and both appear to be trading Ok so far. Another 35 days to go before it is clear whether they will be allowed to continue trading. So, I'll be putting 4-Apr-18 on my calendar as a key date for these ETFs.

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