Asset management company BlackRock has launched its blockchain-ETF in Europe.The iShares Blockchain Technology UCITS ETF is designed to track the New York Stock Exchange FactSet Global Blockchain Technologies Index. The index includes 35 companies from around the world. The European ETF is listed on Euronext under the ticker symbol BLKC.75% of the index is accounted for by companies whose primary business is blockchain-related, including mining firms and exchanges. Another 25% comes from companies that support the blockchain ecosystem, whether they are payment or semiconductor companies.“We believe that digital assets and blockchain will become increasingly relevant to our clients as options for their use expand in volume, scale and complexity. The continued proliferation of blockchain technology underscores its potential across many industries,” said Omar Mufti, BlackRock’s head of products.Earlier, the company launched a spot bitcoin trust for U.S. institutional clients.
