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Stock impact report

Reality Shares Nasdaq NexGen Economy ETF (BLCN) Hits $100 Million in Assets

Siren Nasdaq NexGen Economy ETF (BLCN) 
US:NASDAQ Investor Relations: nasdaq.com/symbol/blcn/stock-report
Company Research Source: Business Wire
Milestone achieved in only 10 days SAN DIEGO--(BUSINESS WIRE)-- The Reality Shares Nasdaq NexGen Economy ETF (Nasdaq: BLCN), the first passively managed exchange-traded fund (ETF) that seeks to invest in leading global companies creating and implementing blockchain solutions, hit $100 million in assets under management (AUM). BLCN debuted on Jan. 17, 2018 to fanfare and investor interest. As a result, the fund traded more than 1.5 million shares in less than 48 hours after launch and accumulated $86 million AUM within a week of trading. It hit the critical $100 million AUM threshold only 10 days after its debut. “We’ve been very pleased with investor appetite for BLCN so far,” said Eric Ervin, CEO of Reality Shares. “We’re proud investors have realized the growth potential of the dynamic blockchain industry, which we believe is poised to disrupt and change the world like Show less Read more
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