Innovation Shares’s NextGen Protocol ETF (NYSE Arca: KOIN) is now available through E*TRADE’s Commission-Free ETF Program.
“Innovation Shares is thrilled to participate in this prestigious and selective program with one of the nation’s leading financial services companies,” says Matt Markiewicz, Managing Director at Innovation Shares. “As a pioneer in bringing AI-backed indexing to retail investors, we could not be more excited to collaborate with a pioneer in the online brokerage industry. KOIN is already a low-cost investment that gives investors access to companies participating in the blockchain technology revolution and now E*TRADE’s 4.9 million brokerage accounts will have the ability to add KOIN to their portfolios on a commission-free basis.”
“Investors and traders seek sophisticated alternative investments to help capitalise on emerging trends and help diversify their portfolios,” said Rich Messina, SVP, Investment Product Management at E*TRADE. “With the addition of Innovation Shares to our program, we are continuing in our pursuit to offer customers the latest in commission-free investment choices.”
KOIN holds a diverse basket of 45 global equities that are placed into one of four categories based on how they relate to the theme of blockchain technology.