Goldman Sachs Applies To Launch ETF On Shares Of Blockchain Companies – Bits Media

American investment bank Goldman Sachs has filed an application with the SEC to launch a new exchange-traded fund (ETF), which will be pegged to company shares, working in the field of blockchain and DeFi.

The application notes, that the fund “must provide investment results, which, excluding commissions and expenses, closely match those of the Solactive Decentralized Finance and Blockchain Index ". At the same time, it is unclear, Stocks of which companies are monitored by the index - there is no product with that name in the list of active Solactive indices.

“The index is created this way, to provide access to shares of companies, working in two key areas: implementation of blockchain and DeFi ", - said in the application.

The document emphasizes, that ETFs will not only track US companies, but also foreign, traded in developed financial markets, eg, in Japan, Canada, Australia and South Korea. Seems to be, Goldman Sachs Seeks New Ways To Meet Demand For Access To The Cryptocurrency Industry.

A recent poll by an American bank showed, that half of the family companies, capital managers, interested in investing in cryptocurrencies, but 15% such firms have already invested in digital assets.