May 25, 2022

BlackRock has created an ETF consisting of shares of crypto-currency companies

American investment giant BlackRock has created an ETF called iShares Blockchain and Tech ETF (IBLC), consisting of shares of crypto-currency and technology companies.

The owners of the fund's units will receive dividends every six months and pay a low commission of 0.47%. IBLC includes securities of 34 firms. By the size of the share in the portfolio of shares, the leaders are:

1. Crypto exchange Coinbase (11.45%);

2. Mining company Marathon Digital Holdings (11.19%);

3. Organization Riot Blockchain mining bitcoins (10.41%).

Coinciding with the launch of the new BlackRock fundpublished a report on three areas of the market that are undergoing permanent changes. According to experts, the list of these industries includes the blockchain industry, the potential of which is not fully exploited.

“The rate of many cryptocurrencies has risen since 2020, butthe market has not yet assessed the impact of blockchain technology on the money transfer system, the contract execution process and the consumption mechanism, ”the BlackRock study states.

BlackRock experts believe that investments inkpiptokompanii mogut ppinecti vycoky doxod za cchot pocta populyapnocti tsifpovyx aktivov and texnologii blokcheyn cpedi millenialov and zhiteley ctpan c pazvivayuscheycya ekonomikoy nA dolyu kotopyx ppixoditcya cvyshe poloviny zatpat nA tovapy and u.chlug vo vcom mipe.