Buying Into the Blockchain With a Blockchain ETF

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If you’re planning to invest into the growing blockchain market it’s worth looking into a blockchain ETF. There are three kinds of ETFs, BITO Bitcoin ETF 3iQ CoinShares Bitcoin ETF, and IBLC. Each of these funds incorporates various aspects of blockchain technology into their business models. These ETFs can have additional costs as well as leveraging blockchain technology.

BLCN

Investors should think about LEGR along with the BLCN Blockchain ETF. This is in line with the development and growth of the cryptocurrency market. It has a lower price ratio than BLCN but has a different selection process. LEGR also weights holdings based on their involvement in blockchain technology. Both ETFs have been able to make impressive returns for their investors.

BITO Bitcoin ETF

The BITO ETF for Bitcoin is a brand new exchange-traded fund. It offers an opportunity to benefit from bitcoin’s gains without directly investing in bitcoin directly. The fund invests in cash-settled front-month bitcoin futures on commodity exchanges that are registered with the CFTC. The fund utilizes the Crypto Facilities and CME Group Bitcoin Reference Rate. It aggregates trading activity from the world’s top bitcoin spot trading venues within a one-hour time frame. The rate is a volume-weighted median (12 five-minute segments, also known as VWMs) that spans a one-hour period.

3iQ CoinShares Bitcoin ETF

CoinShares, a Canadian exchange-traded fund company, has partnered up with 3iQ cryptocurrency firm to launch a cryptocurrency exchange-traded funds (ETF). The 3iQ CoinShares Bitcoin ETF is likely to be listed on the Toronto Stock Exchange and will be the fund’s manager. CoinShares Physical Litecoin will also be launched by the company for the European market. This makes it the third such ETP this year. It will be listed on SIX Swiss Exchange.

IBLC

BlackRock is the world’s largest asset manager, has recently entered the cryptocurrency and blockchain exchange traded funds market through the IShares Blockchain and Tech ETF (IBLC). The IBLC fund will provide investors with exposure to the new market by investing in international companies that are utilizing the blockchain. We will discuss the features of is an IBLC Fund is, how it functions, and what investors can expect from it.

First Trust Indxx Innovative Transaction & Process eTF

The First Trust Indxx Innovative Transaction & Processing ETF plans to be listed on the Nasdaq Stock Market. Since these shares are issued at net asset value, market prices could differ from the ones issued at the time of the ETF’s launch. Investors should be aware that these shares are redeemable only in blocks of up to 50,000 shares. In addition, investors can only redeem Creation Units for cash or securities when they sell them to an agent or broker-dealer.

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