Mirae Asset Asset Management announced on the 16th that its Canadian ETF (listed index fund) manager, Horizons ETFs, has listed three new ETFs on the Toronto Stock Exchange. These are two cryptocurrency Bitcoin ETFs and one global BBIG (battery, bio, Internet, game) theme ETF.
Instead of investing directly in Bitcoin, Bitcoin ETFs invest through Bitcoin futures traded on the Chicago Commercial Exchange (CME). The following index is’Horizons Bitcoin Front Month Rolling Futures Index’,’BetaPro Bitcoin ETF’ tracks 1x the index daily return, and’BetaPro Inverse Bitcoin ETF’ (inverse product) is -1x.
‘Horizons Global BBIG Technology ETF’ follows’Solactive Global BBIG Index’. The index consists of a total of 40 stocks by selecting the top 10 stocks by market capitalization by each theme that satisfy liquidity and market capitalization conditions from stocks listed on exchanges in developed countries including Korea and Taiwan.
These ETFs can be ordered through overseas stock trading accounts of securities companies such as Mirae Asset Securities. It can be traded in Canadian dollars and US dollars.
Horizons ETFs CEO (CEO) Steve Hawkins said, “The BBIG industry will continue to grow and act as a catalyst for the development of other industries such as electric vehicles.” You can invest in it.”
