Psychedelics ETF, World's First, Seizes on Mental Health Uses
Psychedelics ETF to Launch After Sector Attracts Thiel’s Money Bloomberg 1/26/2021 Michael Bellusci (Bloomberg) -- The world’s first exchange-traded fund for psychedelic-drug companies will debut this week in Toronto, as the investment industry tries to capitalize on rising interest in prospective mental health treatments using the drugs. The Horizons Psychedelic Stock Index ETF, listed as PSYK, is expected to start trading Wednesday on the NEO Exchange, its operator said. The fund will track the North American Psychedelics Index. Companies that work with drugs containin...
Source: msn.com
