New Blockchain ETF to be traded on Toronto Stock Exchange soon

The Toronto Stock Exchange (TSX) will be listing a new blockchain exchange traded fund (ETF) soon, reported Bloomberg on 20th June. The Horizons Blockchain Technology and Hardware Index ETF fund will set a connection to other ETFs from both Harvest Portfolio Group Inc. and Evolve Funds Group Inc.

An ETF is a sellable security responsible for tracking index, commodity and a basket of assets that are depicted in the fund’s share, in a balanced way. ETFs encounter cost amends round the clock as they are bought and sold off on a stock exchange.

The new ETF’s stocks comprise of companies developing applications that are related to blockchain like Hive Blockchain Technologies ltd., Nvidia Corp, and Digital Realty Trust Inc.

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