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Defiance launches the first ETF focused on NFTs

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“NFTs could be bigger than the internet,” says Sylvia Jablonski, Co-founder and Chief Investment Officer of Defiance ETFs.  

$NFTZ is designed to offer investors thematic exposure to the NFT (Non-Fungible Tokens), blockchain and cryptocurrency ecosystems, which include NFT marketplaces and issuers such as Coinbase and Playboy. 

The NFT revolution will fundamentally change the economic model for artists, athletes, creators, and many more industries that we can’t even conceive of today. “In October, all time NFT trading volume surpassed USD15 billion,” says Jablonski.

The BITA NFT and Blockchain Select Index aims to track the performance of a portfolio of publicly listed companies with relevant thematic exposure to the NFT (Non-Fungible Tokens), blockchain and cryptocurrency ecosystems. The index is rules-based and rebalanced on a quarterly basis.

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