Schwab may launch encrypted ETF "Schwab Crypto Economy ETF"

Time：2022-03-02 Source： 1188 views Policy Copy share

On March 3, the asset management department of fund giant Charles Schwab is seeking to launch a crypto ETF. The proposed crypto ETF is called "Schwab Crypto Economy ETF", which is mainly aimed at companies involved in digital assets and those related to blockchain technology. Related business activities provide investment exposure, the ETF plans to invest at least 80% of its net assets in stocks in the Schwab Crypto Economy Index, but they do not explicitly list specific stock names and symbols, nor disclose rate information, and No direct investment in digital assets.

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