Canada to Launch its First Blockchain ETF on Stock Exchange

Ontario Securities Commission approved Canada’s first blockchain Exchange Traded Fund provided by Harvest Portfolios Group
02 February 2018   3753

Harvest Portfolios Group Inc., founded in 2009 with the vision of providing Canadian investors with access to investment products that generate steady long term income, has reported on January 1 of 2018 that Ontario Securities Commission had approved its exchange traded fund managed with the blockchain technology.

Blockchain Technologies ETF (HBLK) will be Canada's first blockchain exchange traded fund. As it is reported by Harvest Portfolios Group, this ETF is designed to provide Canadian investors access to the developing blockchain technology sector. Moreover, HBLK will be listed on the Toronto Stock Exchange next week.

HBLK seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Harvest Blockchain Technologies Index. HBLK invests in equity securities of issuers exposed, directly or indirectly, to the development and implementation of blockchain and distributed ledger technologies.

Harvest Portfolios Group Statement

What is more, Harvest stated that it will act as promoter, trustee, manager and portfolio manager of HBLK and will be responsible for the administration of the Blockchain Technologies ETF.

Poloniex to Suspend Operations for Few Hours

Representatives of the exchange say users' funds will be completely safe during maintenance
21 February 2019   55

The cryptocurrency exchange Poloniex has announced maintenance, which will begin on February 22 at 22 UTC. The trading platform will be unavailable for several hours.

Representatives of the exchange claim that the users' funds will be completely safe. Technical work associated with the modernization and transition "to the best data centers, which will increase the reliability of the platform and increase uptime."

Also in Poloniex noted that the trade orders of users will not be canceled.

Recall, recently Poloniex has added to the listing of privacy-oriented cryptocurrency Grin.