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Amplify ETFs files for Blockchain Leaders ETF

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Amplify ETFs, creator of the Amplify Online Retail ETF (IBUY), has filed to launch another growth-focused ETF, the Amplify Blockchain Leaders ETF.

The actively-managed ETF seeks to outperform a Benchmark that invests in companies that are well-positioned to profit from blockchain technologies, and exchange-listed products that invest in blockchain-based applications such as digital commodities.
 
“We believe blockchain is a foundational technology that is still in its early stages, much like the internet in the mid 1980s,” says Christian Magoon, CEO of Amplify ETFs. “The Blockchain Leaders ETF seeks to provide investors with convenient exposure to companies and applications actively involved in the growing blockchain ecosystem.”
 
Amplify is best known for the first and only (according to ETF.com) ETF focused on online retail stocks (IBUY) and the YieldShares High Income ETF (YYY), 2017’s ETF of the Year in Fund Action’s Multi-Asset Class category.

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