2018-6-22 02:36 |
This is why Reality Shares, an asset management firm, is launching China’s first blockchain ETF, which gives investors access to Chinese companies at the forefront of the blockchain revolution.
According to the company, the Reality Shares Nasdaq NexGen Economy China ETF (Nasdaq: BCNA), which tracks the Reality Shares Index, will focus on China-based companies that are fully invested in blockchain technologies.
“To do that, we created a rules-based, objective measurement system to determine which companies are actively working on blockchain initiatives, and which are just faking it.” The companies are evaluated across key factors that include patent applications, blockchain technology development, blockchain economic impact, their role in the blockchain ecosystem, product stage and a host of others.
Both of these factors signal that a company is committed to moving the needle in their blockchain efforts,” Ervin said.
Investors can purchase BCNA through a financial advisor or by using Reality Shares’ trading platform, which connects to a wide range of online brokerage accounts.
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