Coinsquare Lists Blockchain ETF On Toronto Stock Exchange

toronto canada

Coin Capital Investment Management Inc. (Coincapital), the portfolio management division of the Coinsquare digital asset trading platform, has listed a blockchain exchange traded fund (ETF), the STOXX Blockchain Patents Innovation Index Fund (LDGR), among two new ETFs the company has listed on the Toronto Stock Exchange. Coincapital, which is registered with the Ontario Securities Commission, has become Canada’s newest ETF provider following the introduction of the LDGR and the STOXX B.R.AI.N. Index Fund (THNK), the company’s first ETFs.

The LDGR and THNK ETFs were scheduled to commence trading on the Toronto Stock Exchange this morning.

ETF Taps Artificial Intelligence

LDGR, Coincapital’s first ETF, invests in global equity securities of companies that are investing in blockchain technologies. Coincapital uses a proprietary artificial intelligence (AI) algorithm to identify companies for the fund.

The selection is based primarily on blockchain intellectual property patent filings, which enables the fund to identify blockchain adopters and innovators. The selections also make use of the iSTOXX Yewno Developed Markets Blockchain Index.

THNK, the second ETF, invests in equity securities of companies focused on AI, nanotechnology, robotics and biotechnology. The main consideration is the company must generate half of its revenues from the aggregate of the B.R.A.I.N sectors. The fund also makes use of the iSTOXX Developed Markets B.R.A.I.N Index.

Also read: Toronto Stock Exchange adds a newe blockchain ETF

Canadians Technology Savvy

“Canadians know technologies like artificial intelligence and the blockchain are going to change the way we live and work, but it can be difficult to access high quality investments in these sectors without deep domain expertise,” Lewis Bateman, Coincapital CEO, said in a prepared statement. “We’re doing the work for investors, using our in-depth industry knowledge to provide Canadians with an innovative suite of investment options that help them invest in new technology even if they’re not an expert.”

The LDGR is not the first blockchain ETF to be listed in Canada.

Horizons ETFs Management Canada Inc introduced the Horizons Blockchain Technology and Hardware Index ETF earlier this year. The ETF backs companies such as Hive Blockchain Technologies Ltd, Nvidia Corp, Digital Realty Trust Inc. which develop blockchain hardware and services.

Follow us on Telegram or subscribe to our newsletter here.

• Join CCN’s crypto community for $9.99 per month, click here.
• Want exclusive analysis and crypto insights from Hacked.com? Click here.
• Open Positions at CCN: Full Time and Part Time Journalists Wanted.

Advertisement

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews



bitcoin
Bitcoin (BTC) $ 61,922.00
ethereum
Ethereum (ETH) $ 3,740.27
binance-coin
Binance Coin (BNB) $ 477.11
tether
Tether (USDT) $ 0.999381
cardano
Cardano (ADA) $ 2.12
xrp
XRP (XRP) $ 1.08
solana
Solana (SOL) $ 156.17
polkadot
Polkadot (DOT) $ 40.74
dogecoin
Dogecoin (DOGE) $ 0.253779
usd-coin
USD Coin (USDC) $ 0.99988
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 61,922.00
ethereumEthereum (ETH)
$ 3,740.27
tetherTether (USDT)
$ 0.999381
bitcoin-cashBitcoin Cash (BCH)
$ 603.58
litecoinLitecoin (LTC)
$ 182.29
bitcoinBitcoin (BTC)
53.385,12
ethereumEthereum (ETH)
3.224,62
tetherTether (USDT)
0,861601
bitcoin-cashBitcoin Cash (BCH)
520,37
litecoinLitecoin (LTC)
157,16
bitcoinBitcoin (BTC)
45,050.55
ethereumEthereum (ETH)
2,721.18
tetherTether (USDT)
0.727087
bitcoin-cashBitcoin Cash (BCH)
439.13
litecoinLitecoin (LTC)
132.62

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Behind The Scenes: How this Crypto Community Responded to + $50m Hack
October 18, 2021
Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021
Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021

Blockchain/Cryptocurrency Questions and Answers

ICo Presale
The Science Behind ICO Presales…
October 14, 2021
Beginner’s Guide to Investing in Cryptocurrency
August 9, 2021
Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin62,099 0.31 % 1.83 % 13.50 %
Ethereum3,752.9 0.88 % 1.50 % 9.38 %
Binance Coin479.87 0.09 % 2.91 % 18.68 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Cardano2.130 0.41 % 1.38 % 3.15 %
XRP1.090 0.42 % 3.15 % 4.35 %
Solana157.14 0.21 % 1.90 % 6.39 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
Dogecoin0.2562 0.18 % 8.23 % 11.74 %
USD Coin1.000 0.14 % 0.20 % 0.17 %

bitcoin
Bitcoin (BTC) $ 61,922.00
ethereum
Ethereum (ETH) $ 3,740.27
binance-coin
Binance Coin (BNB) $ 477.11
tether
Tether (USDT) $ 0.999381
cardano
Cardano (ADA) $ 2.12
xrp
XRP (XRP) $ 1.08
solana
Solana (SOL) $ 156.17
polkadot
Polkadot (DOT) $ 40.74
dogecoin
Dogecoin (DOGE) $ 0.253779
usd-coin
USD Coin (USDC) $ 0.99988