A couple of days ago, NASDAQ was already supporting existing crypto exchanges. It also proclaims a collaboration with cryptocurrency exchange Gemini, founded by one of the pioneer bitcoin investors Tyler and Cameron Winklevoss who are predominant players of Crypto ETFs.
As time progressed, they announced the joint venture with an ETF firm which is San Diego based, Reality Shares, to launch two blockchain-related funds. The latest is scheduled to come to market in June.
For now, another US-based crypto ETF company is coming up in collaboration between REX shares and BKCM LLC is the name of REX BKCM ETF (NYSE Arca: BKC).
BKCM LLC is a global investment management firm specializing in Global Macro and Currency investing. Its asset fund offers investors exposure to bitcoin and other digital assets. The fund primarily invests in liquid exchange-traded digital assets and provides the managers with a combination of traditional capital markets, blockchain assets, and technology experience.
The executives at BKCM are experienced professionals with deep roots in macroeconomics, quantitative investing, and blockchain technology applications.
"I get asked all the time on how to invest in blockchain technology without dealing with storage, the fears of hacking, hedge funds, etc. My hope is the BKC ETF can provide this desired equity allocation to institutions and individuals alike," mentioned Brian Kelly, CEO of BKCM and BKC ETF Portfolio Manager. "What excites me most, is that this opportunity may be really early on in its investment cycle."
The firm’s Chief Technology Officer built one of the earliest crypto exchanges, which at its height was the world’s second-largest Bitcoin exchange.
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