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With Blockchain ETFs, Old Wine In New Bottles

TedTed
in The Bullpen
FYI: (This is a follow-up article.)

Securities regulators squashed the dreams of a dozen companies earlier this month when they asked them to pull their applications for bitcoin exchange-traded funds. But two ETFs tied to blockchain, the technology behind bitcoin, came to life even as those bitcoin ETFs died.

Blockchain has taken on the same magical quality as bitcoin, with companies using it as a buzzword they know will appeal to investors—a turbocharger to turn a boring business into a rocket ship. Investors have rushed into the two blockchain ETFs, from Reality Shares and Amplify ETFs, since their launch on Jan. 17. By Friday, they were together managing more than $250 million in assets, an astonishing rate of growth.
Regards,
Ted
http://www.cetusnews.com/business/With-Blockchain-ETFs-



Old-Wine-in-New-Bottles-



.SkBARw_Yrf.html
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