Yesterday investment management company BlackRock announced the launch of its new iShares Blockchain and Tech ETF (IBLC).
IBLC is part of BlackRock’s ‘megatrends’ platform, which offers ETFs that aim to capture major global economic themes and trends. It will seek exposure to companies associated with the development, innovation, and utilization of blockchain technology and digital assets.
The ETF currently owns equity in 34 companies, including cryptocurrency exchange Coinbase, bitcoin miners Marathon Digital Holdings and Riot Blockchain, and payments company PayPal.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
