The Toronto Stock Exchange (TSX) will list a new blockchain exchange traded fund (ETF) starting Thursday, Bloomberg reported June 20. The Horizons Blockchain Technology and Hardware Index ETF fund will join other ETFs from Harvest Portfolio Group Inc. and Evolve Funds Group Inc.
An ETF is a marketable security that tracks an index, commodity, or basket of assets, that are proportionately represented in the fund’s shares. ETFs experience price changes throughout the day as they are purchased or sold on a stock exchange.
The new ETF’s holdings include companies developing applications related to blockchain such as Hive Blockchain Technologies Ltd., Nvidia Corp., and Digital Realty Trust Inc.
Toronto Stock Exchange to Trade New Blockchain ETF | Cointelegraph