Schwab said the investment vehicle will offer exposure to firms involved in mining and staking as well as developing blockchain-based apps or distributed ledger technology.
Schwab Asset Management, the asset management arm of financial giant Charles Schwab, has launched an exchange-traded fund (ETF) with exposure to firms linked to cryptocurrencies. In a Friday announcement, Schwab said its Crypto Thematic ETF was expected to be available for trading on the New York Stock Exchange’s Arca under the ticker STCE on Aug.
