For the Crypto-Averse, There's a Blockchain ETF Touting Walmart
- Canada’s First Block Capital says ETF will focus on blue chips
- Expects to begin trading in early September, COO says
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For the cryptocurrency-averse, there’s a Canadian blockchain exchange-traded fund in the works that will be anchored by less venturesome investments like Walmart Inc.
Vancouver-based First Block Capital is in the final stages of obtaining regulatory approval for the FBC Digital Ledger Technology Adopters ETF, and expects it to begin trading on Canada’s Aequitas NEO Exchange next month, Bill Stormont, the firm’s chief operating officer, said in an interview.