BlackRock plans to announce ETF focus on blockchain technology

On January 22, BlackRock, a global asset management company, was preparing an ETF focused on blockchain technology. iShares Blockchain and Tech ETF will track investment results in the NYSE FactSet Global Blockchain Technology Index, as the regulator announced on Friday. The index includes companies involved in the development and deployment of crypto technologies in the United States and abroad. According to the data, the plan plans to invest more than 80% of its assets in the stock market included in the measure. You can allocate up to 20% of your money to futures, options, foreign exchange contracts, cash and cash equivalents. However, financial institutions do not invest in cryptocurrency directly or indirectly through cryptocurrency derivatives. In addition, the presentation does not represent a distribution plan or commission charges.