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Blockchain ETFs Stumble Out Of The Gate

FYI: Last January, four blockchain ETFs launched within days of each other. Then, interest in blockchain ETFs all but evaporated (read: "Comparing 4 Blockchain ETFs").

By the end of the month, the funds had attracted hundreds of millions in investor assets from speculators and true believers, many of whom saw blockchain as the next best thing to a cryptocurrency ETF. (After all, bitcoin and other cryptocurrencies are based on blockchain tech.)

Hype, thy name is blockchain

Though the six blockchain ETFs have taken in a combined $287 million over their lifetime, since February of last year, the funds have actually lost a combined $21 million in net investment assets:
Regards,
Ted
https://www.etf.com/sections/features-and-news/blockchain-etfs-stumble-out-gate
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