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The New York-based multinational investment management corporation Blackrock has filed an application with the Securities and Exchange Commission (SEC) for a blockchain tech exchange-traded fund (ETF). The Ishares blockchain tech ETF aims to track the Intercontinental Exchange (ICE) index called the Factset Global Blockchain Technologies Index.<\/strong><\/p>\n The investment firm with $10 trillion in assets under management (AUM) as of January 2022, Blackrock, hopes to launch an exchange-traded fund (ETF) called the Ishares blockchain tech ETF. That\u2019s according to a SEC filing<\/a> submitted by Blackrock which says the fund will track the ICE index called the NYSE Factset Global Blockchain Technologies Index (NYFSBLC).<\/p>\n According to documents, NYFSBLC was initiated on December 31, 2021. Blackrock\u2019s ETF filing investment objective says the \u201cIshares Blockchain and Tech ETF 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.\u201d<\/p>\n The Ishares ETF will include blockchain tech such as \u201ccryptocurrency mining,\u201d \u201ccryptocurrency trading and exchanges,\u201d and \u201ccrypto-mining systems.\u201d The ETF filing follows the CEO of Blackrock, Larry Fink\u2019s opinion<\/a> about bitcoin (BTC<\/a>) and how he envisions a \u201chuge role for a digitized currency.\u201d Meanwhile, Rick Rieder, Blackrock\u2019s chief investment officer (CIO) said<\/a> in September he thought bitcoin\u2019s price could rise significantly.<\/p>\n Blackrock\u2019s plans to introduce a blockchain tech ETF were first mentioned during the first week of December 2021. Salim Ramji, Blackrock\u2019s exchange-traded fund and index investments lead revealed the ETF plans, according to businessinsider.com\u2019s report<\/a> written by Rebecca Ungarino.<\/p>\nBlackrock Files to Launch a Blockchain ETF<\/h2>\n
Blackrock\u2019s ETF Lead Salim Ramji Mentioned the Blockchain Fund Last Year<\/h2>\n