Investment giant BlackRock rolls out blockchain ETF for European customers

The development of new digital assets and the ecosystem around blockchain technology has been accelerating, which has led to an increased need for investment strategies within this newly developing space. BlackRock (NYSE: BLK) is now offering European investors the ability to obtain exposure to several firms that are engaged in the creation. The iShares Blockchain Technology UCITS ETF [BLKC] is designed to mirror the NYSE FactSet Global Blockchain Technologies Capped Index. BLKC comprises 35 global firms from established and developing economies, with 75% exposure to companies whose principal business is tied to blockchain, such as cryptocurrency exchanges and miners, and 25% exposure to companies that support the blockchain ecosystem, such as payment and semiconductor companies.

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