Invesco India and CoinShares to Launch ‘Feeder Fund’ of Blockchain Stocks

Posted on by American Coins & Gold

Invesco India and CoinShares to Launch ‘Feeder Fund’ of Blockchain Stocks
Invesco is giving Indian investors exposure to Coinbase and MicroStrategy through a new pooled fund that invests in several sub-funds.The CoinShares Global Blockchain UCITS ETF will be open for Indian investors between Nov. 24 and Dec. 8 this year, according to literature shared by Invesco Asset Management India.CoinShares and Invesco Asset Management India are launching the vehicle, which relies on an index of 50 publicly traded companies with exposure to crypto assets. That includes everything from Galaxy Digital to Square to Tesla.The new fund is domiciled in Ireland and is available to Indian investors and aims to generate returns by…