The rise of non-fungible tokens continues as a popular theme in 2021 with NFTs rising in value and stocks increasing their exposure to NFTs through token launches, marketplaces, and partnerships with leading NFT projects.
The first NFT ETF is launching with The Digital Revolution from Defiance ETFs. Here are the details.
What Happened
Defiance is launching the first NFT ETF as a bet on the growth of the new asset type.“NFTs could be bigger than the internet,” said Defiance ETFs co-founder and Chief Investment Officer Sylvia Jablonski. “In October, all-time NFT trading volume surpassed $15 billion.”
By Chris Katje
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