Invesco Launches Blockchain-Focused ETF On London Stock Exchange
A lot of attention was placed on the pursuit of a Bitcoin ETF and the march through the SEC to approval. Thus far, nothing was approved with a number of applications removed.
Invesco is taking another approach. It is launching an ETF on the London Stock Exchange that focuses upon blockchain. This ETF is going to invest in technology companies that cater to blockchain such as Taiwan Semiconductor.
There are already a few funds on smaller exchanges but this is the biggest on so far.
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