What is defiance digital revolution ETF?

Defiance Digital Revolution ETF is a equity fund issued by Defiance ETFs. NFTZ focuses on theme investments and follows the BITA NFT and Blockchain Select Index. The fund's investments total to approximately $5.01 million assets under management. What is the management fee for Defiance Digital Revolution ETF?

What are digital assets ETFs?

As the space has grown, investors now have more ways to access digital assets. ETFs can provide investors with exposure to different aspects of the digital asset ecosystem, all through well-known vehicles that are efficient to own and trade. We have launched two new digital assets ETFs in partnership with Galaxy Fund Management and Alerian.

Why are Fidelity’s two digital ETFs so popular right now?

“We continue to see demand, particularly from young investors, for access to the rapidly growing industries in the digital ecosystem, and these two thematic ETFs offer investors exposure in a familiar investment vehicle,” Greg Friedman, Fidelity’s head of ETF management and strategy, said in the statement.

When will defiance ETFs liquidate its portfolio?

The fund, which tracked blockchain-related companies and an NFT index, will start liquidating its portfolio on or about Feb. 16. “The fund failed to attract assets,” said Sylvia Jablonski, CEO and CIO at Defiance ETFs.