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Strategies & Market Trends : Blockchain and Cryptocurrencies

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To: Sdgla who wrote (283)1/18/2018 7:56:51 AM
From: w0z1 Recommendation

Recommended By
Claude Cormier

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As I read it, neither ETF is actually investing in blockchain coins, but indirectly in companies (e.g. IBM, Microsoft, etc) using the technology. Therefore they are not truly "blockchain" ETFs which the SEC noted in disallowing the term in their description. I'm not sure about the legal status of ETFs directly investing in coins, but I believe that day will eventually come. I know baskets of related coins (e.g. IoT, security, big cap, small cap etc) is one of the options ETHOS plans to offer eventually once their legal bases are covered.

Related to my Picks & Shovels (P&S) investing theme, this offering by Ledger (i.e. Ledger Wallets like the Nano S) is going the usual VC route. Too bad Ledger is not publicly available because it would be a great P&S investment IMHO.

ledger.fr
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