Goldman Sachs applies for DeFi ETF : vimarsana.com

Goldman Sachs applies for DeFi ETF


7/27/2021 2:37:34 AM GMT
The filing joins over a dozen crypto ETF applications sitting before the SEC.
Investment banking giant Goldman Sachs has filed an application with the U.S. Securities and Exchange Comission (SEC) for an exchange-traded fund (ETF) that would offer exposure to public companies in decentralized finance and blockchain around the globe.
Sparse on details, the filing noted that the fund would invest at least 80% of its assets into companies that advance blockchain technology and the digitization of finance.
“The Goldman Sachs Innovate DeFi and Blockchain Equity ETF (the ‘Fund’) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Decentralized Finance and Blockchain Index (the ‘Index’),” the filing said.

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