Global X ETFs unveils Blockchain UCITS ETF for European investors

Tracks Solactive Blockchain v2 index

Global X ETFs has expanded its European product suite with the launch of the Blockchain UCITS ETF, which will provide investors with exposure to companies positioned to benefit from increased blockchain adoption.

The Global X Blockchain ETF (BKCH), which has listed on the London Stock Exchange and Deutsche Börse Xetra, tracks the Solactive Blockchain v2 index. A management fee of 0.50% applies to the ETF, which will give investors access to themes such as digital asset mining, blockchain and digital asset transactions, blockchain applications, digital hardware, and asset integration. Morgane Delledonne, director of research, Europe at Global X ETFs, said: "Blockchain technology's transparent, verified transactions and immutable recordkeeping offer significant promise, and there is a growing in...