ETF Firms File to Create Blockchain Investment Products

ETF Firms File to Create Blockchain Investment Products

Two firms specializing in exchange-traded funds (ETFs) filed with the U.S. Securities and Exchange Commission to create blockchain-related vehicles this past week. Reality Shares Advisors , a subsidiary of Reality Shares ETFs, plans to work with Nasdaq Inc. to offer securities for different blockchain companies. Similarly, Amplify Trust ETF also filed for permission to invest and trade in blockchain startups. Neither company completed their prospectus applications, but they both indicated they would exclusively invest in different blockchain companies. According to Reality Shares’ application: “Blockchain technology may be used to support a vast array of business applications in many different […]