After extensive internal testing, Harvest Portfolios received approval to issue the first ever negotiated fund Blockchain (ETF) of Canada. 1. The fund (trading symbol HBLK), which will be launched on the Toronto Stock Exchange next week, focuses on large and small block companies.

Harvest Portfolios already has its Harvest Blockchain Technologies Index, designed to track the performance of issuers in the Big and New Blockchain segments

Approval is good news for two other companies, First Trust Portfolios Canada and Evolve Funds Group Inc., which have already filed a similar application. ETFs. According to Karl Cheong, manager of First Trust's ETF, " inevitably all customer conversations [" "raise questions about Bitcoin and Blockchain investments.

Contrary to news from Canada, (19459003)

Dalia Blass, Director of the US Securities and Exchange Commission (SEC) Investment Management Group, stated that the SEC had " important outstanding issues concerning the significant quantities of cryptocurrencies and related products "would meet the legal requirements in the United States.