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Invesco Mutual Files for Blockchain Fund in India
The mutual fund will primarily invest in the company’s Elwood Global Blockchain UCITS ETF.
Updated May 11, 2023, 5:54 p.m. Published Sep 8, 2021, 6:11 a.m.
Invesco Mutual Fund filed with the Securities and Exchange Board of India to launch a mutual fund that invests in blockchain companies, according to the board’s website.
- The mutual fund is “very high” risk and primarily invests in units of Invesco’s Elwood Global Blockchain UCITS overseas exchange-traded fund ETF, according to the filing.
- The ETF has returned 82% in the past year, the Economic Times reported.
- Atlanta-based Invesco applied with the U.S. Securities and Exchange Commission to list an ETF with bitcoin exposure.
Read more:Invesco Files With SEC for Bitcoin Strategy ETF
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