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Brian Kelly, founder and chief executive officer of BKCM (Brian Kelly Capital Management), is teaming up with REX Shares to launch a blockchain startup-based exchange-traded fund ( Blockchain ETF).
The REX BKCM ETF, which debuted Wednesday, is the fifth blockchain ETF to come to market this year and the second actively managed fund in the space.
Working in partnership with REX Shares founder Gregg King, Kelly will actively manage a portfolio of roughly 30 companies actively using blockchain technology and matching one of four general criteria. The fund will support firms from the seed stage onward. He told,
“When I look at the investment landscape, to me blockchain and cryptocurrencies are a once-in-a-lifetime investment opportunity … if I look at every other asset class, to me the most attractive investment is blockchain and cryptocurrency. The gro...
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