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Invesco Mutual Files for Blockchain Fund in India

Invesco Mutual Files for Blockchain Fund in India

Invesco Mutual Files for Blockchain Fund in India

The mutual fund will primarily invest in the company’s Elwood Global Blockchain UCITS ETF.

The mutual fund will primarily invest in the company’s Elwood Global Blockchain UCITS ETF.

The mutual fund will primarily invest in the company’s Elwood Global Blockchain UCITS ETF.

By Eliza Gkritsi
AccessTimeIconSep 8, 2021, 6:11 AM
Updated May 11, 2023, 5:54 PM

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.

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Eliza Gkritsi

Eliza Gkritsi is a CoinDesk contributor focused on the intersection of crypto and AI.

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