Canada’s first blockchain ETF approved

“With the ticker HBLK, the fund has a management fee of 0.65 per cent and seeks to replicate the performance of the Harvest Blockchain Technologies Index; an index designed in-house to track the performance of issuers in both the large-cap blockchain segment and the emerging blockchain segment exposed to the development and implementation of blockchain technologies in North America.  At the same time, two other providers are looking to access the ever-growing popular blockchain technology.  Both First Trust Portfolios Canada and Evolve Funds Group Inc. have filed preliminary prospectuses with regulators this week for blockchain funds.”

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