FYI: Thematic ETFs can quickly gather steam if a theme catches investors’ imagination. Blockchain ETFs are the latest in hot themes served up in ETF wrappers.
In a matter of days last month, ETF investors gained access to four different blockchain ETFs. The rush to capture the investment case of the digital ledger technology behind cryptocurrencies (such as bitcoin) is on. In less than a month, nearly $300 million in new assets have flowed to these funds.
Truly accessing a theme is no a easy task, as you can’t easily isolate a revenue stream associated with a specific theme in a company’s numbers. Blockchain is no different.
Regards,
Ted
http://www.etf.com/sections/features-and-news/comparing-4-blockchain-etfs?nopaging=1
