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Coinnounce 2019-12-30 08:29:59

China is likely to launch Blockchain Exchange-Traded Funds next year

Shenzhen-based asset management firm Penghua Fund filed an application named Penghua Shenzhen Stocks Blockchain ETF to the financial watchdog of China CSRC, which was accepted on 24 December. The proposed ETF aims to track Shenzhen-listed public stocks that have businesses in the blockchain industry.   If accepted, it would be the country’s first blockchain-based ETF. […]

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