Global X, Blockchain ETFs Newly Listed on NASDAQ in the US

[Asia Economy Reporter Junho Hwang] Mirae Asset Global Investments announced on the 15th that its U.S. ETF subsidiary, Global X, listed three new ETFs on the 14th (local time).

The newly listed ETFs include the Global X Blockchain ETF (ticker BKCH), which invests in blockchain companies, as well as the Global X AgTech & Food Innovation ETF (KROP), and the Global X Hydrogen ETF (HYDR).

BKCH was recognized for its strong association with the investment theme of blockchain and became the first ETF in the U.S. to include 'Blockchain' in its product name.

This ETF invests in companies related to blockchain and digital assets. Blockchain is a technology for storing and maintaining data. It is praised as an innovative technology with advantages such as transparency, security, immutability, and accuracy, and has great scalability as it can be applied across various industries. This ETF tracks the SOLACTIVE Blockchain Index.

KROP invests in companies related to AgTech, an innovative technology aimed at solving food issues, and food engineering. AgTech is a portmanteau of Agriculture and Technology, encompassing agricultural biotechnology, precision farming, and alternative foods. This ETF tracks the SOLACTIVE AgTech & Food Innovation Index.

HYDR invests in companies involved in hydrogen production and renewable energy. This product invests in themes such as hydrogen production, hydrogen fuel cells, and hydrogen innovation technologies, and tracks the SOLACTIVE Global Hydrogen Index.

Jay Jacobs, Head of Research Strategy at Global X, said, "Technological innovation is progressing rapidly, and consumer and demographic trends continue to change due to the impact of the pandemic," adding, "We are launching thematic ETFs in line with these trend changes."

This content was produced with the assistance of AI translation services.