2018-7-2 09:19 |
That is, ETFs which – instead of investing in cryptocurrencies themselves – invest in companies developing, or based on, blockchain technology.
Blockchain-based ETFs can be viewed by traditional investors as a less risky way to capitalize on the new blockchain economy.
Dalia Blass, SEC Director of Investment Management, penned a letter in March 2018, outlining the SEC’s concerns regarding bitcoin-based ETFs.
The SEC has approved seven blockchain-based ETFs in 2018 to date and Canada approved its first blockchain-based ETF in February 2018.
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The post Did the SEC Just Make it Easier to Launch a Blockchain Based ETF in the US?
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