The Charles Schwab launches its first cryptocurrency ETF
One of the largest US brokers announced the launch of an exchange-traded fund that will directly invest in companies wishing to work with cryptocurrencies. A subsidiary of The Charles Schwab Corporation, Schwab Asset Management has announced the launch of its first exchange-traded crypto fund. The new product is called the Schwab Crypto Thematic ETF (NYSE Arca: STCE). The first day of trading is expected to take place on August 4th. The fund is designed to…
