Bringing you live news and features since 2006 

Evolve ETFs files to launch Canada’s first actively managed blockchain ETF

RELATED TOPICS​

Evolve Funds Group has filed a final prospectus to launch the Evolve Blockchain ETF (LINK), Canada’s first actively-managed blockchain exchange traded fund.

Units of LINK have been conditionally approved for listing on the Toronto Stock Exchange (TSX) to begin trading on 6 March, 2018, under the ticker symbol LINK.
 
LINK seeks to maximise total return by actively investing primarily in equity securities of issuers whose principal business is the research, development, use or supply of blockchain technologies and applications, including technology hardware.
 
“This Blockchain ETF is another illustration of Evolve’s commitment to bringing innovative products surrounding long-term investment trends to Canadians,” says Raj Lala, President & CEO of Evolve ETFs. “Blockchain has the potential to transform business models with endless commercial applications. The benefits can apply to many sectors, from financial services and mining to the global food industry. Active management in LINK allows us to be nimble and to potentially capitalize on these emerging opportunities.”
 
LINK invests in equity securities of domestic and foreign publicly listed issuers, and other companies, that are developing or utilising blockchain-based and other distributed ledger technologies. Generally, these equity securities are issued by small and large-cap companies across a wide variety of industries, such as technology, financial services, communications or consumer products, among others, and whose business activities also involve the research, development, utilisation and funding of transformational digital ledger technologies.
 
LINK will close the initial offering of units to its designated broker by the close of business on 5 March, 2018, prior to its initial listing of units on the TSX on 6 March, 2018. 

Latest News

Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by