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Benzinga
Benzinga
Business
Adrian Zmudzinski

World's Top Asset Manager BlackRock Launches Crypto ETF; Coinbase Included

The world's largest asset manager BlackRock, Inc. (NYSE:BLK) launched an exchange-traded fund (ETF) that gives exposure to the blockchain and cryptocurrency markets. 

What Happened: An application for the iShares Blockchain and Tech ETF (NYSE:IBLC) filed with the SEC in February shows that it "seeks to track the investment results of an index composed of U.S. and non-U.S. companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies."

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