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How Relevant Will Blockchain ETFs be Once Bitcoin Offerings are Approved?

From blockworks.co

As many investors have yet to see an ETF in the US that invests directly in bitcoin, and fund issuers await SEC approval for futures-based bitcoin offerings, the number of blockchain ETFs that invest in crypto companies continues to grow. Invesco, which manages more than $1.5 trillion in assets, launched the Invesco Alerian Galaxy Crypto Economy ETF (SATO) and the Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) on Thursday. The offerings provide equity exposure to global public companies and select investment vehicles in the cryptocurrency and blockchain sectors. The SEC also approved ... (full story)

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  • Category: Fundamental Analysis