Goldman Sach's new 'DeFi' ETF is anything but

Goldman Sach's new 'DeFi' ETF is anything but

Goldman Sachs has filed for a “DeFi” ETF that will track major stocks including Nokia, Google, and Fujitsu. The proposed fund, dubbed the Goldman Sachs Innovate DeFi and Blockchain Equity ETF, strives to track the Decentralized Finance and Blockchain Index from German financial indices provider, Solactive.The fund will invest at least 80% of its assets into securities, stocks, and depository receipts featured in the index.The filing asserts the index seeks to offer exposure to firms aligned with two key narratives: “the implementation of blockchain technology,” and “the digitalization of....


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