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Author Topic: First Trust Blockchain ETF  (Read 28 times)
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January 24, 2018, 05:45:25 PM

If anyone is interested, I am sharing an information about a great etf that is going to start trading by the end of the week.

The First Trust Indxx Innovative Transaction & Process ETF (LEGR) will track an index that had 67 components as of mid-January.The fund will come with an expense ratio of 0.65%  LEGR’s index methodology sorts the global universe of blockchain-related stocks into three tiers, but only includes the top two in its final selection pool. Essentially, a company must be directly involved in the development or usage of blockchain technology, with companies that meet minimum size and liquidity requirements ranked and selected based on their exposure to the technology in question. Up to 100 components can be included in the index, according to the prospectus.

I found this a great buy opportunity.
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