ETC Group CEO Bradley Duke: new blockchain ETF will offer 'an alternative to investors'

European investors will soon be able to play the digital assets and blockchain space via a diversified ETF on the London Stock Exchange with the ticker symbol KOIN.

KOIN to go live on the LSE in the coming days

In a press release on Tuesday, HANetf announced to have extended its partnership with crypto specialist ETC Group to launch the ETC Group Digital Assets & Blockchain Equity UCITS ETF. The white-label issuer expects the fund to go live on the LSE in the coming days.

Experts forecast blockchain to be adding more than $1.37 trillion to the global economy by 2030. To that end, KOIN is a platform for investors to benefit from the rapidly growing TAM as it includes a diversified set of companies in the blockchain infrastructure.

It tracks the Solactive ETC Group Digital Assets and Blockchain Equity Index and has a Total Expense Ratio of 0.60%.

An alternative to play blockchain and digital assets

ETC Group CEO Bradley Duke also reiterated that blockchain technology was swiftly penetrating across industries, and an ETF that covers everything from cryptocurrency mining to trading to the blockchain technology at large could be fascinating for investors interested in this space.

ETC Group has previously worked with HANetf on “BTCE”, but KOIN is its first thematic ETF.