On Thursday, registered investment adviser and fintech firm Defiance announced it has launched the first nonfungible token (NFT)-focused exchange-traded fund (ETF) on the New York Stock Exchange Arca. The fund is listed under the ticker symbol NFTZ and has a management fee of 0.65% per year.The fund does not directly buy and hold NFTs to store in wallets. Instead, it tracks an … [Read more...] about First NFT-focused ETF lists on NYSE Arca
NFTfocused
Enjin builds NFT-focused blockchain on Polkadot (DOT)
As Ethereum’s non-fungible token (NFT) mania is booming, blockchain development startup Enjin decided to take it one step further and launch a whole new decentralized network dedicated specifically to these crypto-collectibles, the firm announced today.“We’re creating a groundbreaking blockchain for NFTs, purpose-built to accelerate the advent of a globe-spanning, advanced … [Read more...] about Enjin builds NFT-focused blockchain on Polkadot (DOT)