Horizons ETF lance un fonds blockchain axé sur la Chine

Published on 21 June 2018 by Cryptovest Staff

Horizons’ co-CEO Steve Hawkins said in an interview with Bloomberg:

“We don’t want to be investing in a $20 million market cap company at this stage, there’s just way too much risk to that. Investors need to be investing in the well-established global infrastructure to blockchain, not necessarily taking risks on the startup blockchain development companies.”

The ETF will track companies focusing on blockchain applications and services, including Hive Blockchain, Nvidia Corp, and Digital Reality Trust. The fund, with the ticker BKCH, is relying on the Solactive Blockchain Technology and Hardware Index, which also tracks tech giants like Intel, AMD, and Micron Technology.

“China is quickly becoming a global epicenter for blockchain innovation. In 2017, the nation filed for more blockchain-related patents than any other country in the world, and the Chinese government recently endorsed blockchain technology as an economic ‘breakthrough.’”

The index, which focuses on China-based firms that invest in blockchain projects, rebalances every six months and includes 31 components.

Critères d'évaluation dans le secteur blockchain

Role in the blockchain space: Role dans l’écosystème blockchain.
Blockchain product stage: Stade de développement des produits blockchain.
Blockchain Institute membership: Adhésion aux instituts spécialisés en blockchain.
Research and development expenditure: Dépenses en recherche et développement.
Innovation potential: Potentiel d'innovation.