|Bid||0.00 x 800|
|Ask||199,999.98 x 1200|
|Day's Range||27.73 - 27.98|
|52 Week Range||20.58 - 28.13|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.95%|
Upstart exchange traded funds issuer Innovation Shares is expected to roll out The Cannabis ETF (NYSE: THCX ) today, about nine months after the issuer filed plans for the fund. What Happened Innovation ...
NEW YORK, Jan. 7, 2019 /PRNewswire/ -- Innovation Shares, a provider of thematic exchange-traded funds (ETFs), is pleased to announce that its NextGen Protocol ETF (NYSE Arca: KOIN) is now available through E*TRADE's Commission-Free ETF Program1. "Innovation Shares is thrilled to participate in this prestigious and selective program with one of the nation's leading financial services companies," said Matt Markiewicz, Managing Director at Innovation Shares.
Solid results and an encouraging outlook pushed shares of Oracle up. ETFs with the highest allocation to this software giant look to be big movers this week.
KOIN, which tracks the Innovation Labs Blockchain Innovators Index, returned 9.59 percent to investors the last 3 months and 7.44 percent to investors since inception through September 30, 2018. The index underlying KOIN was constructed utilizing a natural language processing algorithm that screens for global stocks that are believed to have a current or future economic interest in blockchain technology. "Since we launched KOIN, blockchain innovations continue to gain traction around the world.
While cryptocurrencies have yet to attain wider adoption, its underlying technology, blockchain, is beginning to attain more traction as companies, large or small, public and private alike, are beginning to see it as a viable application for a variety of uses in a multitude of sectors. As such, optimism is riding high on blockchain technology becoming more and more prevalent. While the majority of investment capital into blockchain technology is coming from abroad, Forbes' list of 50 companies exploring blockchain use include domestic names, such as JPMorgan Chase & Co, Berkshire Hathaway Inc, Bank of America, and Wells Fargo.
The Bitcoin bubble's popping hasn't dulled the ETF industry's desire to bring a Bitcoin ETF to the market — or the SEC's refusal to let one trade.