A group of quantitative hedge fund traders long dreamed of bringing their artificial intelligence strategies to all. And now they have with the first exchange-traded fund to combine the worlds of AI and blockchain. The Innovation Shares NextGen Protocol ETF (ticker KOIN) began trading Tuesday. The fund tracks the Innovation Labs Blockchain Innovators Index. The gauge, which was created by Innovation Labs Ltd., uses “natural language processing” to scan news sources in order to determine...

Largest holdings in blockchain funds are big tech companies Booming crypto tech ETFs have taken in $260 million in 2 weeks Sizzling new blockchain exchange-traded funds have raked in cash at an unprecedented pace, raising almost $260 million in less than two weeks. But do investors know what they’re buying? Because behind the glitz of a hot ticker, they appear be paying a hefty price for some pretty basic technology stocks, such as Cisco Systems Inc., Intel Corp., Nvidia Corp. and...

Tom Lee of Fundstrat says blockchain key for diversification HIVE Blockchain, NVIDA, CME Global among recommendations It’s the equity investor’s conundrum: how to get access to the skyrocketing returns of bitcoin and blockchain without actually owning the tokens. To Thomas Lee, a major bitcoin bull who heads research for Fundstrat Global Advisors, a dozen stocks should do the trick. “We believe investors should have exposure to blockchain, particularly given bitcoin has essentially zero...