US SEC Requires ETFs Amplify and Reality Shares to Delete The Word “Blockchain” From Their Tickers
The U.S. Securities and Exchange Commission (SEC) has required two exchange-traded funds (ETFs) to eliminate the word “Blockchain” from their tickers. The information was released by Bloomberg a few days ago.
Exchange traded funds became very popular among investors that wanted to have access to the blockchain world. These investment tools allowed interested users to have exposure to the blockchain ecosystem.
The U.S. Securities and Exchange Commission is trying to keep under control the investment tools available in the market to investors. According to Bloomberg, more than 10 percent of the new ETFs released in 2018 were related to a specific theme.