Express

Application For China's First Blockchain ETF Filed With Securities Regulator

Roland James

Summary: Penghua Fund, the Shenzhen-based asset manager, filed an application for a blockchain-focused exchange-traded-fund (ETF) with China’s securities regulator, according to a disclosure released by the China Securities Regulatory Commission.  The application, officially filed on Dec. 24, for the ETF which will track the performance of a basket of publicly-listed stocks from businesses in the blockchain sector. ...

Penghua Fund, the Shenzhen-based asset manager, filed an application for a blockchain-focused exchange-traded-fund (ETF) with China’s securities regulator, according to a disclosure released by the China Securities Regulatory Commission. 

The application, officially filed on Dec. 24, for the ETF which will track the performance of a basket of publicly-listed stocks from businesses in the blockchain sector. This fund would be China’s first blockchain-themed ETF if approved.

By Roland James

  • Trump's "Big and Beautiful" Bill Passes: Biden and Harris Criticize, Financial Expert O... 4 hours ago
  • Silicon Valley Giants, Trump Ally Launch 'Crypto Bank' Erebor, Aiming to Fill SVB Void 1 day ago
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 7 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 13 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 16 days ago
  • You need to login to comment.