China to soon have first blockchain ETF approval

China to soon have first blockchain ETF approval

China Securities Regulatory Commission (CSRC) has accepted an application for the issuance of a blockchain exchange-traded fund (ETF). Dubbed Penghua Shenzhen Stocks Blockchain ETF, it aims to track and reflect the performance of Shenzhen-listed public stocks that have businesses in the blockchain industry. This is the first blockchain ETF in China.

Timothy
Timothy
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