An ETF I'm excited to follow. Reality Shares Nasdaq NexGen Economy ETF launched last week. The ETF will invest exclusively in blockchain-based companies and they will limit themselves to only investing in companies with a market cap of greater than 200mil. “BLCN uses the Blockchain Score company rating methodology, which is designed to identify the companies that may benefit most from blockchain technology,” according to Reality Shares. BLCN holds 59 stocks from the technology, financial services, healthcare and industrial sectors. Top 10 holdings in this new ETF include Intel, IBM and Microsoft Corporation
From a technical perspective, price action also indicating strong bullish momentum.