General World News

2 blockchain ETFs are launching — but the SEC asked them to take blockchain out of their names


  • Two blockchain ETFs are set to start trading Wednesday, but blockchain won’t be in their name.
  • Eric Ervin, the chief executive officer of Reality Shares, told Business Insider the SEC is wary about the mania surrounding blockchain.

Reality Shares’ new blockchain ETF is set to begin trading on Wednesday as expected, but there’s a catch.

Blockchain won’t be in its name.

Screen Shot 2018 01 16 at 11.46.37 AMThe Securities and Exchange Commission requested Reality Shares remove the word “blockchain” from its Reality Shares Nasdaq Blockchain Economy ETF amid anxieties at the regulator that cryptocurrency and read more >>>

Source:: BusinessInsider.Com