2018-6-21 08:53 |
The Toronto Stock Exchange (TSX) will list a new blockchain exchange traded fund (ETF) starting Thursday, Bloomberg reported June 20.
ETFs experience price changes throughout the day as they are purchased or sold on a stock exchange.
The new ETF’s holdings include companies developing applications related to blockchain such as Hive Blockchain Technologies Ltd., Nvidia Corp., and Digital Realty Trust Inc.
The Horizons ETF, which will be traded under the symbol BKCH, is based on the Solactive Blockchain Technology and Hardware Index, while the fund will focus on hardware and services.
According to Bloomberg, the Blockchain Technologies ETF from Harvest Portfolios has lost 25 percent since its launch and declined 17 percent from its issue price of C$10.