Do you want stocks with exposure to NFT? This ETF has you covered

The Defiance ETF product tracks a basket of crypto-related stocks, some of which are making forays into NFT. New York-based Defiance ETFs are launching an exchange-traded fund (ETF) focused on non-fungible tokens (NFTs), according to a press release sent to CoinDesk. The fund will track the performance of an index, called the BITA NFT and Blockchain Select Index, made up of NFT, blockchain, and crypto stocks, including the NFT markets and issuers such as Coinbase and Playboy.

The index will rebalance on a quarterly basis, Defiance said. Cryptocurrency-linked ETFs have grown significantly over the last year; The first US bitcoin futures fund was listed on the New York Stock Exchange in October.
Defiance is an ETF investment advisor and sponsor with a focus on thematic investments, according to its website.
Silvergate, the cryptocurrency-friendly bank that serves various companies in the industry, is the top ETF stock with a weight of 6.74%, followed by Playboy, Cloudflare, and a handful of cryptocurrency mining companies.

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