Horizons ETF Management has launched a blockchain technology and hardware ETF, giving investors access to the rapidly growing blockchain ecosystem.

The ETF, listed as BKCH on the Toronto Stock Exchange, will provide investors with diversified exposure to companies involved in the disruptive technology frontier: the blockchain – a shareable digital ledger that logs and tracks valuable information such as transactions or assets, offering virtually endless applications.

The ETF will seek to replicate the performance of the Solactive Blockchain Technology & Hardware Index net of expenses. Unlike any other blockchain fund, the three-tiered construction of BKCH's Index gives investors exposure to the greater blockchain technology ecosystem. The Index tracks a portfolio of global companies focused directly on three specific subsectors of the broader technology industry.

That includes companies directly developing blockchain-related applications, companies focused on the hardware required for blockchain technology mining and memory and storage producers.

The ETF will have substantial exposure to U.S.-listed securities as well as securities listed in other foreign countries.

"From medical records, to natural resources to financial services, the applications of blockchain technology are practically endless," said Steve Hawkins, President and Co-CEO of Horizons ETFs. “As the blockchain industry grows, so too will the potential holdings of BKCH, as more companies invest in developing blockchain technology directly or technology that supports the blockchain ecosystem.”