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Blockchain Technologies Etf Hblk

Harvest Announces Final Filing Of The Prospectus For Canada's First Blockchain Etf, Blockchain Technologies Etf (hblk)

Harvest Announces Final Filing Of The Prospectus For Canada's First Blockchain Etf, Blockchain Technologies Etf (hblk)

Harvest Announces Final Filing of the Prospectus for Canada's First Blockchain ETF, Blockchain Technologies ETF (HBLK) OAKVILLE, ON, Feb. 1, 2018 /CNW/ - Harvest Portfolios Group Inc. ("Harvest") is pleased to announce that a final prospectus has been filed with the Canadian securities regulators for Canada's first blockchain ETF, Blockchain Technologies ETF ("HBLK"). This innovative ETF is designed to provide Canadian investors access to the developing blockchain technology sector. Upon fulfilling all the listing requirements, HBLK will be listed on the Toronto Stock Exchange. HBLK seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Harvest Blockchain Technologies Index. HBLK invests in equity securities of issuers exposed, directly or indirectly, to the development and implementation of blockchain and distributed ledger technologies. Harvest, a registered investment fund manager and portfolio manager, will act as promoter, trustee, manager and portfolio manager of HBLK and will be responsible for the administration of HBLK. Since 2009, Harvest Portfolios Group Inc. ("Harvest"), an independent Canadian investment management company, has been providing Canadian investors access to investment products that generate steady long term income. Harvest managed investment products embrace three investment principles simplicity, transparency and consistent income to help investors achieve their investment goals. You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the TSX. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them. There Continue reading >>

Why Bitcoin Bust Shouldnt Worry Launch Of Canadas First Blockchain Etf

Why Bitcoin Bust Shouldnt Worry Launch Of Canadas First Blockchain Etf

Why bitcoin bust shouldnt worry launch of Canadas first blockchain ETF Why bitcoin bust shouldnt worry launch of Canadas first blockchain ETF PUBLISHED : Thursday, 08 February, 2018, 2:10am UPDATED : Thursday, 08 February, 2018, 4:48am Canadas first blockchain exchange-traded fund shrugged off bitcoins bust to launch on Wednesday as planned. Harvest Portfolios Group Incs Blockchain Technologies ETF traded on the Toronto Stock Exchange under the symbol HBLK, opening at CA$11.09 (US$8.83) and rising to CA$11.48 (US$9.14) by 10.20am New York time, before dropping to its original price by 3.20pm. On Tuesday bitcoin tumbled to below US$6,000 before rebounding a substantial drop from its from its all-time high of US$19,000 in mid-December. But investors should not confuse Bitcoins bust with blockchains brighter future, analysts at Bloomberg Intelligence said. Bitcoin recovers from plunge to under US$6,000 but experts are calling for crackdown As a technology, blockchain will evolve with new applications, increased transaction speeds and improved security, they said. HBLK will invest in a cross-section of large, established companies and emerging businesses that are primarily involved in the development of blockchain technologies, the company said. Its holdings include Hive Blockchain Technologies Ltd, Overstock.com Inc, BTL Group Ltd, and BIG Blockchain Intelligence Group Inc. Three blockchain ETFs have been created in the US, although not without hiccups. Shortly before listing, the US Securities and Exchange Commission encouraged the firms behind the first two funds to drop blockchain from their names. Its a hoax: email about Hong Kong-China bitcoin crackdown is bogus The regulator may have been keen to avoid a repeat of recent incidents, like when drink company Long Islan Continue reading >>

Harvest Portfolios Launches Canadas First Blockchain Etf

Harvest Portfolios Launches Canadas First Blockchain Etf

Feb 9th, 2018 | By Jonathan Hobbs, CFA | Category: Equities With expert speakers drawing on industry-leading research, Smart Beta Europe 2018 (Cass Business School, Wednesday 18th April) will examine the latest innovations in smart beta investing. REGISTER NOW Harvest Portfolios Group has launched the Blockchain Technologies ETF (HBLK CN)on the Toronto Stock Exchange. Michael Kovacs, CEO at Harvest Portfolios Group. The fund is the first ETF in Canada to offer targeted exposure to the theme of developing blockchain technology. Blockchain is essentially a network of computers that keep transactions secure in a decentralized database, or digital ledger, similar to a shared spreadsheet, that the network can see and must approve before it can be verified and recorded. Once recorded, no one person can change it without the agreement of others and it is nearly impossible to tamper with. Blockchain is the technology that underpins so-called cryptocurrencies, like bitcoin, but it has many more possible uses with the potential to move data of any kind swiftly and securely. A growing number of industries and institutions are looking to embed blockchain technology into their day-to-day processes. The ETF tracks theHarvest Blockchain Technologies Index, which comprises equity securities of North American companies that are poised to potentially benefit from the development and implementation of blockchain and distributed ledger technologies. Michael Kovacs, president & chief executive officer at Harvest Portfolios Group, commented, Canadasfirst blockchain ETF is designed to provide investors with access to this rapidly developing market segment. By replicating the Harvest Blockchain Technologies Index, HBLK will be invested to track the long term evolution of blockchain. The index Continue reading >>

Glance Represents Over 5% Of Holdings Of Canadas First Blockchain Etf

Glance Represents Over 5% Of Holdings Of Canadas First Blockchain Etf

by Glance | Feb 15, 2018 | News | 0 comments VANCOUVER, British Columbia, Feb. 15, 2018 (GLOBE NEWSWIRE) Glance Technologies Inc. (CSE:GET.CN) (OTCQB:GLNNF) (FKT:GJT) is pleased to announce that investments in equity securities of Glance Technologies represents 5.9% of the total portfolio holdings of Harvest Portfolios Groups Blockchain Technologies ETF as of February 7, 2018. For further detail, please refer to . Situated in Oakville, Ontario, Harvest Portfolios Group Inc.s Blockchain Technologies ETF is the first blockchain focused exchange-traded fund in Canada and began trading on the Toronto Stock Exchange on February 7, 2018 under the symbol HBLK. Harvest is a registered investment fund and portfolio manager, and acts as promoter, trustee, manager and portfolio manager of HBLK. Were very proud to be one of the initial investments made by Canadas first blockchain exchange-traded fund, says Glance CEO, Desmond Griffin, We hope that more blockchain focused funds will come to market. Glance Technologies owns and operates Glance Pay, a streamlined payment system that revolutionizes how smartphone users choose where to shop, order goods and services, make payments, access digital receipts, redeem digital deals, earn great rewards & interact with merchants. Glance offers targeted in-app marketing,geo targeteddigital coupons, customer feedback, in-merchant messaging and custom rewards programs. The Glance Pay mobile payment system consists of proprietary technology, which includes user apps available for free downloads in IOS (Apple) and Android formats, merchant manager apps, a large scale technology hosting environment with sophisticated anti-fraud technology and lightning fast payment processing. Glance has also recently purchased an end-to-end blockchain solution for Continue reading >>

Canada Gives The Greenlight To First Blockchain Etf

Canada Gives The Greenlight To First Blockchain Etf

Canada Gives the Greenlight to First Blockchain ETF Adam James February 2, 2018 12:30 pm Following the approval of Canadas first blockchain ETF (exchange-traded fund), companies are eager to launch their own blockchain ETFs, well aware that the revolutionary technology is here to stay. Harvest Portfolios plan to launch Canadas first blockchain exchange-traded fund (ETF) has officially been greenlit. The Ontario Securities Commission has approved of Harvest Portfolios plan to launch the countrys first blockchain ETF, appropriately titled Blockchain Technologies ETF. The new venture will carry the HBLK ticker, as well as a management fee of 0.65 percent. The cryptocurrency-friendly countrys first blockchain ETF is set to mirror the performance of the Harvest Blockchain Technologies Index, which tracks the performance of issuers across the blockchain industry, with a focus on North American exposure. You will find the fund trading next week on the Toronto Stock Exchange. Harvest Portfolios isnt the only company looking to get involved in blockchain exchange-traded funds . Both First Trust Portfolios Canada and Evolve Funds Group Inc. are looking to get in on the action, having already presented their preliminary prospectuses with Canadian regulators earlier this week. Karl Cheong, head of ETFs for First Trust Portfolios Canada, thinks blockchain technology is undoubtedly the future despite Bitcoins dramatic drop in price this weektelling The Globe and Mail: Every conversation we are having with clientsregardless if we are talking about a Canadian equities product or a U.S equity productinevitability leads to [a discussion about] blockchain or bitcoin[]The concept of blockchain is very attractive to investors right now, and while the idea is still very novel, the research Continue reading >>

Attention Investors: Theres A New Canadian Blockchain Etf On The Block!

Attention Investors: Theres A New Canadian Blockchain Etf On The Block!

Chris MacDonald | February 5, 2018 | More on: HIVE January turned out to be quite the volatile month for investors in sectors such as cryptocurrency. With Bitcoin and the majority of the most widely traded cryptocurrencies seeing market capitalizations cut in half or worse over the past month, firms have largely begun turning their attention to the blockchain technology underpinning the cryptocurrency revolution as an area which may spur investment from emerging technology investors. Approximately one month ago, Harvest Portfolios filed a preliminary prospectus with the powers at be to launch the countrys first blockchain ETF, allowing investors to gain exposure to this sectors and companies such as CanadianHive To keep reading, enter your email address or login below. Register by giving us your email below to continue reading all of the content on the site. Also receive a free Email Newsletter from the Motley Fool. (You may unsubscribe any time.) I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. I understand I can unsubscribe from these updates at any time. Please read the Privacy Statement and Terms of Service for more information. January turned out to be quite the volatile month for investors in sectors such as cryptocurrency. With Bitcoin and the majority of the most widely traded cryptocurrencies seeing market capitalizations cut in half or worse over the past month, firms have largely begun turning their attention to the blockchain technology underpinning the cryptocurrency revolution as an area which may spur investment from emerging technology investors. Approximately one month ago, Harvest Portfolios filed a preliminary prospectus with the powers at be to launch the countrys first blockch Continue reading >>

Canadian Blockchain Etf Launches Amid Bitcoin Volatility

Canadian Blockchain Etf Launches Amid Bitcoin Volatility

The subject who is truly loyal to the Chief Magistrate will neither advise nor submit to arbitrary measures. A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, Calif., Jan. 4, 2018. Canada's first blockchain exchange-traded fund is shrugging off Bitcoin's bust and will launch Wednesday as planned. Harvest Portfolios Group Inc.'s Blockchain Technologies ETF began trading on the Toronto Stock Exchange under the symbol HBLK, amid extreme market volatility that saw the Dow swing more than 900 points in 25 minutes Tuesday after plummeting the most ever Monday. The Dow's whiplash pales in comparison to Bitcoin, however, which plunged from a high of over $19,000 in mid-December to below $6,000 Tuesday before rebounding. Investors shouldn't confuse Bitcoin's bust with blockchain's brighter future, analysts at Bloomberg Intelligence wrote. As a technology, blockchain will evolve with new applications, increased transaction speeds and improved security, they said. HBLK rose 1.9 per cent to $11.36 at 10:04 a.m. in Toronto. HBLK will invest in a cross-section of large, established companies and emerging businesses that are primarily involved in the development of blockchain technologies, the company said. Its holdings include Hive Blockchain Technologies Ltd., Overstock.com Inc., BTL Group Ltd., and BIG Blockchain Intelligence Group Inc. Three blockchain ETFs have been created in the U.S., although not without hiccups. Shortly before listing, the U.S. Securities and Exchange Commission encouraged the firms behind the first two funds to drop "blockchain" from their names. The regulator may have been keen to avoid a repeat of recent incidents, like when beverage company Long Island Iced Tea Corp. changed its name to Long Blockchain Corp. and saw its stock price almost t Continue reading >>

How Do Blockchain Etfs Work?

How Do Blockchain Etfs Work?

By Shobhit Seth | March 1, 2018 2:06 PM EST Bitcoin's Most Profitable Use: the $600 Billion Overseas Remittance Business? The global mania surroundingcryptocurrencies' underlying blockchain technology is opening up new avenues for investment and trading through recently launched exchange-traded funds (ETF) . Though U.S. regulators have rejected ETFs based on bitcoins, they have approved blockchain-based ETFs, paving the way for the launch of ETFs based on the underlying technology. Canadian regulators have also approved the countrys first blockchain ETF called Blockchain Technologies ETF (HBLK), which was launched in early February 2018. (See also: SEC Denies WinklevossTwins' Bid to Launch Bitcoin ETF .) Two recently launched blockchain ETFs in the United States includethe Reality Shares Nasdaq NexGen Economy ( BLCN ) ETF and the Amplify Transformational Data Sharing ( BLOK ) ETF, which have managed to collect $240 million worth of investments in a week,which is a remarkable feat for new launches. This article examinesblockchain ETFs, how they work, where they invest, the underlying methodology they follow, and the inherent risks. While the blockchain-based monetary system, like bitcoin, is under review bydifferent regulators across the globe, the underlying concept of blockchain has seen high adaptability and potential. Beyond cryptocurrencies, the blockchain is finding increasing use in various other sectors, that include services, supply chain management, digital apps development, digital entertainment industry, biotechnology and even agriculture. This has caused a lot of technology companies to embrace the blockchain technology for developing new systems, and also explore possibilities of porting the existing systems to blockchain base for enhanced efficiency and i Continue reading >>

A Breakdown Of Canadas First Blockchain Etf

A Breakdown Of Canadas First Blockchain Etf

Canadasfirst blockchain ETF is designed to provide investors with access to this rapidly developing market segment, Michael Kovacs, president and CEO of Harvest Portfolios Group said in the release. By replicating the Harvest Blockchain Technologies Index, HBLK will be invested to track the long term evolution of blockchain. The press release explains that investors will pay brokerage fees to their dealers if they purchase or sell units of the Blockchain Technologies ETF on the TSX. Similarly, if units or purchased or sold on the exchange, investors may end up paying more than the current net asset value when buying units of the ETF, and could potentially receive less than the current net asset value should investors choose to sell those units. Currently there are 22 holdings the Blockchain Technologies ETF tracks, with 12 of those holdings being what the fund considers emerging blockchain holdings. On that note, its top five holdings as of February 7 include: Riot Blockchain (NASDAQ: RIOT ):Formerly Bioptix, Riot Blockchain made the switch to blockchain in the fall of 2017, and now focuses on bitcoin and ethereum blockchains. Riot Blockchain is the indexs top holding with a 6.2 percent weighting; BTL Group (TSXV: BTL ): BTL Group is the second largest holding on the ETF, with a 5.9 percent weighting of the Blockchain Technologies ETF. BTL group has developed a private blockchain platform called Interbit, which was designed for developers to design and build applications that benefit from blockchain technology; Glance Technologies (CSE: GET ): Glance Technologies is the creator of the Glance Pay mobile app, and has now stepped into the blockchain sector with its purchase of an end-to-end blockchain solution for a rewards-based cryptocurrency that will be integrated wit Continue reading >>

Blockchain Technologies Etf (hblk.to) Etfs Price Quote - Barchart.com

Blockchain Technologies Etf (hblk.to) Etfs Price Quote - Barchart.com

For ETFs, this section includes key statistics on the fund, with a link to see more. Fund Family: Links to the managing fund family's website. Assets Under Management: The total amount of assets ($K) the ETF controls. Shares Outstanding: Common shares outstanding as reported by the company on the 10-Q or 10-K. Dividend Yield: A portion of a company's profit paid to shareholders, quoted as the dollar amount each share receives (dividends per share). Yield is the amount of dividends paid per share, divided by the closing price. P/E Ratio: Latest closing price divided by the earnings-per-share based on the Latest 12-Month EPS Change (LTM) of earnings. Companies with negative earnings receive an "NE." Sectors: Links to the Industry Groups and/or SIC codes in which the ETF is found. The Barchart Technical Opinion widget shows you today'soverally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinionsanalyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns aBuy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. A symbol will be given one of the following overall ratings: Buy (greater than or equal to "33% Buy" and less than or equal to "66% Buy") Sell (greater than or equal to "33% Sell" and less than or equal to "66% Sell") The current reading of the 14-Day Stochastic indicator is also factored into the interp Continue reading >>

Hblk | Blockchain Technologies Etf - Investing.com

Hblk | Blockchain Technologies Etf - Investing.com

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Blockchain Technologies Etf

Blockchain Technologies Etf

February 9, 2018 to June 30, 2018 Proxy Summary Average Market Capitalization for Emerging (CAD) Average Market Capitalization for Large Cap (CAD) The Fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Harvest Blockchain Technologies Index. The Fund invests in equity securities of issuers exposed, directly or indirectly, to the development and implementation of blockchain and distributed ledger technologies. The Fund will invest in its own portfolio comprised of various securities and instruments which may include, but are not limited to, equity and equity related securities. Equity related securities held by the Fund may include, but are not limited to, convertible debt, income trust units, single issuer equity options, preferred shares and warrants. If market conditions require, in order to preserve capital, the Fund may seek to invest a substantial portion of its assets in cash or cash equivalents. Harvest Blockchain Technologies Index Rule Book Investors seeking opportunities for capital appreciation by investing in equity securities of issuers exposed, directly or indirectly, to the development and implementation of blockchain. Investors seeking to hold their investment for medium to long term. Commissions, management fees and expenses all may be associated with investing in HARVEST Exchange Traded Funds. Please read the relevant prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account income taxes payable by any securityholder that would have reduced returns. Rates of return cannot be reported until the Fund has been in existence for at least one year. T Continue reading >>

Findata: News For Tse, Hblk - Blockchain Technologies Etf

Findata: News For Tse, Hblk - Blockchain Technologies Etf

What about solving the corruption surrounding foreign aid? Blockchain can hold organizations more accountable through increased transparency. more ETF issuers have taken note of this trend. As a result, four ETFs have sprouted that represent companies involved in this up-and-coming disruptive technology. Blockchain is a chronological and public digital ledger of information, which can be applied ... more TheStreet hosted an hour long broadcast covering the latest trends in blockchain, bitcoin and cryptocurrencies. If you want exposure to the revolutionary blockchain technology, which drives bitcoin and other cryptocurrencies, there's an exchange traded ... more BlackRock is the parent company of iShares, the world's largest issuer of exchange-traded funds (ETFs). The company has previously said that it is not interested in launching a bitcoin ETF. As BlackRock notes, bitcoin and rivals like ethereum and ... more LINK seeks to maximize total return by actively investing primarily in equity securities of issuers whose principal business is the research, development, use or supply of blockchain technologies and applications, including technology hardware. "This ... more The ETF tracks the Harvest Blockchain Technologies Index, which comprises equity securities of North American companies that are poised to potentially benefit from the development and implementation of blockchain and distributed ledger technologies ... more While it is most commonly associated with Bitcoin and other cryptocurrency applications, the blockchain is capable of so much more. more For example, according to Motley Fool writer Jordan Wathen's assessment of the ETF, this index is inherently imperfect. more The Blockchain Technologies ETF (TSX:HBLK) can officially be added to the growing list of way Continue reading >>

Baystreet.ca - Is Blockchain Technologies Etf A Falling Knife?

Baystreet.ca - Is Blockchain Technologies Etf A Falling Knife?

Ambrose O'Callaghan - Thursday, March 22, 2018 Is Blockchain Technologies ETF a Falling Knife? In February Harvest Portfolios Group launched Blockchain Technologies ETF (TSX:HBLK), which invests in equity securities exposed to the development and implementation of blockchain and distributed ledger technologies. The fund jumped in its first two weeks of trading, but downward pressure on bitcoin and cryptocurrencies has pulverized the market. Blockchain Technologies was down 3.59% at the bottom of the noon hour on March 22. Bitcoin and other cryptocurrencies were bleeding value while the Dow Jones Industrial Average dropped as much as 400 points in morning trading. Does it make sense to buy this ETF right now, or is it a falling knife? The top holding in the fund is Overstock.com Inc. (NASDAQ:OSTK), an online retailer based in Utah. In early January Overstock announced a pivot to focus on blockchain technology which initially sent the stock soaring. It hit an all-time high of $89.80 in early January but has since almost halved its value. Shares have now dropped 25.2% in 2018 thus far and it was priced at $46.10 in early afternoon trading on March 22. The second-largest holding in the fund is Cognizant Technology Solutions Corp. (NASDAQ:CTSH), an information technology services provider. Cognizant has been monitoring the potential of blockchain technology from an early stage, and has explored the technology in facilitating P2P payments, asset trading, document storage, and other uses. Its stock has climbed 17.3% in 2018 thus far. Blockchain stocks and cryptocurrencies will likely face further volatility in 2018 as nations look to crackdown on exchanges and a multitude of companies sprout up to cash in on speculation. The potential of the technology is enticing for those l Continue reading >>

Harvest Completes Rebalance Of Blockchain Technologies Etf

Harvest Completes Rebalance Of Blockchain Technologies Etf

Harvest completes rebalance of Blockchain Technologies ETF Harvest Portfolios Group (Harvest) has completed the quarterly rebalance of the portfolio holdings of the Blockchain Technologies ETF (HBLK). HBLK was the first blockchain ETF launched in Canada and seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Harvest Blockchain Technologies Index. The Harvest Blockchain Technologies Index has been designed to track the performance of issuers exposed to the development and implementation of blockchain technologies. The ETF invests in equity securities of issuers exposed, directly or indirectly, to the development and implementation of blockchain and distributed ledger technologies. The Harvest Blockchain Technologies Index is rebalanced quarterly and is composed of two segments, the Large Cap Blockchain issuer segment and the Emerging Blockchain issuer segment. Full details regarding the Harvest Blockchain Technology Index can be found on the Harvest website. "By replicating the Harvest Blockchain Technologies Index, HBLK systematically shifts weightings as the Emerging Blockchain segment develops while blending in large established technology companies that are dedicating resources to blockchain technologies," says Michael Kovacs, President and CEO of Harvest. "We believe this portfolio structure is the intelligent solution to invest in the blockchain evolution." Continue reading >>

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