Blockchain ETFs begin trading with no reference to 'blockchain' - 01/17/2018

In the Margins

Blockchain ETFs begin trading with no reference to 'blockchain'

January 17, 2018

By Bloomberg

Two blockchain exchange-traded funds started trading today, but shortly before listing, the Securities and Exchange Commission encouraged Amplify Investments and Reality Shares Inc., the firms behind them, to drop “blockchain” from their names. Therefore, the first ETFs to track companies involved in the digital technology that underpins cryptocurrency transactions are launching as the Amplify Transformational Data Sharing ETF and the Reality Shares Nasdaq NexGen Economy ETF. Read original story from Bloomberg.

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