Samsung Asset Management plans to float an exchange-traded fund (ETF) that will focus on blockchain companies. It is scheduled to list on the Hong Kong Stock Exchange.
The fund will be the first ETF in Asia that tracks cryptocompanies.
In March, Samsung Asset Management acquired a 20 percent stake in the U.S. Amplify Holding Company ETF.
Amplify’s ETF invests at least 80% of its net assets in equity securities of blockchain companies.
Holpop News
Holpop News
Samsung Asset Management to launch the first blockchain exchange-traded fund in Asia
posted on May 1, 2022 by holpop in Blockchain
