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BlackRock Launches Blockchain ETF To Rival BLOK

BlackRock has just announced the launch of their new blockchain ETF looking to rival that of Fidelity’s. The ETF is called, the iShares Blockchain and Tech ETF (IBLC) with BlackRock calling it a “megatrend” and adding it to their product suite. The top holdings for IBLC are Coinbase, Marathon Digital, and Riot Blockchain with each holding 10% or more.

ETF Newz Says:

The goal of IBLC is to offer investors exposure to companies at the head of development, innovation, and utilization for the blockchain and crypto technologies.