Should You Bet Defiantly Against BLOK?
First off, as a point of disclosure, our firm EQM Indexes, along with Emerita Capital Indices, was one of the firms behind the launching of the Amplify Transformational Data Sharing ETF (NYSEARCA: BLOK) along with Amplify ETFs and Toroso Asset Management. Admittedly, seeing Defiance ETFs’ filing last week is akin to having someone call your baby ugly, especially given all the thought leadership and great research that went into the launch of the first “blockchain” ETF back in January of 2018. The ETF was ahead of its time and there were many naysayers that complained that blockchain was not a viable thematic concept.
EQM Indexes LLC is a woman-owned firm dedicated to creating and supporting innovative indexes that track growth industries and emerging investment themes. Co-founded by Jane Edmondson, a former Institutional Portfolio Manager with more than 25 years in the investment industry.
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