Charles Schwab has just announced the launch of their new Schwab Crypto Thematic ETF (STCE) set it start trading August 4 on the NYSE. STCE was created with the goal of offering investors exposure to companies that look to profit on the future development of cryptocurrencies.
Charles Schwab To Launch Crypto ETF Later This Week
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STCE won’t directly track cryptocurrencies but instead follow an index of companies that are involved in mining, staking, trading, and enabling the use crypto.