No products in the cart.
- Latest
- Trending
ADVERTISEMENT
BlackRock, the world’s largest asset manager, has listed a 0.50% total expense ratio (TER) blockchain exchange-traded fund (ETF) on pan-European exchange Euronext.
The ETF, fully known as the iShares Blockchain Technology UCITS ETF (BLKC), seeks to track the New York Stock Exchange (NYSE)’s FactSet Global Blockchain Technology Index.
The index is a benchmark for US and non-US companies that develop and use blockchain and crypto technology.
The EFT is therefore intended to offer BlackRock’s European clients the opportunity to engage with and gain exposure to these companies, said Omar Moufti, Product Strategist for BlackRock’s Thematic and Sector ETFs. I’m here.
We believe that digital assets and blockchain technology will become increasingly important to our clients as their use cases evolve in scope, scale and complexity, said Moufti.
The continued adoption of blockchain technology highlights its potential in many industries, he added.
BlackRock said BLKC offers exposure to 35 global companies in developed and emerging markets, with 75% of the fund committed to blockchain-based businesses and 25% to blockchain ecosystem supporters such as payment companies. I said yes.
However, the wealth manager pointed out that EFT does not invest directly in cryptocurrencies.
BlackRock’s new record comes a few days after the asset manager partnered with U.S. cryptocurrency exchange Coinbase to provide cryptocurrency trading capabilities to institutional investors on its investment management platform, Aladdin. A month later.
In mid-August, the company also launched the BlackRock Future Financial and Technology ETF on electronic stock exchange NYSE Arca. This ETF invests in companies disrupting the fintech industry.
Later that month, the asset manager launched the industry’s first buy/write fixed income ETF.
These were the iShares 20+ Year Government Bond Buy Light Strategy ETF, the iShares High Yield Corporate Bond Buy Light Strategy ETF, and the iShares Investment Grade Corporate Bond Buy Light Strategy ETF.
The iShares BuyWrite ETF aims to increase yield potential for investors and debuts in the most challenging environment for fixed income in decades with inflation, hawkish central banks and interest rate volatility. BlackRock said in a statement.
In June, in the opposite direction, BlackRock announced plans to stop accepting new trade for 11 US-listed EFTs on August 25th.
These include the iShares MSCI Argentina and Global Exposure ETF and the iShares Interest Rate Hedged Emerging Markets Bond ETF.
BlackRock, the world’s largest asset manager, has listed a 0.50% total expense ratio (TER) blockchain exchange-traded fund (ETF) on pan-European exchange Euronext.
The ETF, fully known as the iShares Blockchain Technology UCITS ETF (BLKC), seeks to track the New York Stock Exchange (NYSE)’s FactSet Global Blockchain Technology Index.
The index is a benchmark for US and non-US companies that develop and use blockchain and crypto technology.
The EFT is therefore intended to offer BlackRock’s European clients the opportunity to engage with and gain exposure to these companies, said Omar Moufti, Product Strategist for BlackRock’s Thematic and Sector ETFs. I’m here.
We believe that digital assets and blockchain technology will become increasingly important to our clients as their use cases evolve in scope, scale and complexity, said Moufti.
The continued adoption of blockchain technology highlights its potential in many industries, he added.
BlackRock said BLKC offers exposure to 35 global companies in developed and emerging markets, with 75% of the fund committed to blockchain-based businesses and 25% to blockchain ecosystem supporters such as payment companies. I said yes.
However, the wealth manager pointed out that EFT does not invest directly in cryptocurrencies.
BlackRock’s new record comes a few days after the asset manager partnered with U.S. cryptocurrency exchange Coinbase to provide cryptocurrency trading capabilities to institutional investors on its investment management platform, Aladdin. A month later.
In mid-August, the company also launched the BlackRock Future Financial and Technology ETF on electronic stock exchange NYSE Arca. The ETF invests in companies disrupting the fintech industry.
Later that month, the asset manager launched the industry’s first buy/write fixed income ETF.
These were the iShares 20+ Year Government Bond Buy Light Strategy ETF, the iShares High Yield Corporate Bond Buy Light Strategy ETF, and the iShares Investment Grade Corporate Bond Buy Light Strategy ETF.
The iShares BuyWrite ETF aims to increase yield potential for investors and debuts in the most challenging environment for fixed income in decades with inflation, hawkish central banks and interest rate volatility. BlackRock said in a statement.
In June, in the opposite direction, BlackRock announced plans to stop accepting new trade for 11 US-listed EFTs on August 25th.
These include the iShares MSCI Argentina and Global Exposure ETF and the iShares Interest Rate Hedged Emerging Markets Bond ETF.
