Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Seeking Alpha 2021-12-02 14:56:19

First NFT focused ETF hits the market by Defiance ETFs

Defiance ETFs launches The First NFT Focused ETF (NFTZ), which is the first exchange traded fund to concentrate its efforts towards NFT’s (Non-Fungible Tokens). NFT's are digital representations of specific items, such as a picture, song, or even the first tweet. Supported by blockchain technology, NFTs provide transparent ownership to these unique digital items and allow people to transact with them. Sylvia Jablonski, Co-founder and Chief Investment Officer of Defiance ETFs said, "NFTs could be bigger than the internet." NFTZ is a unique thematic ETF that exposes investors to various NFT companies involved in Non-Fungible Tokens, blockchain, and cryptocurrency marketplace. From a holdings viewpoint, the ETF comes with 40 holdings led by Silvergate Capital Corp (NYSE:SI), which is weighted at 6.53%, Cloudfare (NYSE:NET) weighted at 5.55%, and Plby Group (NASDAQ:PLBY) weighted at 5.04%. NFTZ intends to track the BITA NFT and Blockchain Select Index, trade on the New York Stock Exchange,

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.