Defiance ETFs’ Defiance Digital Revolution ETF is launching on Thursday.
NFTs, or non-fungible tokens, are digital assets that are specific to a unique piece of property, such as a ticket, a baseball card or a domain name.
The NFT index tracks the performance of NFTs on the Ethereum blockchain.
The NFT index launched in 2018 after a partnership between Digital Asset Holdings and Nasdaq.
The index will include both cryptocurrencies and tokens representing equity in private companies.
The Defiance ETF, which will be the first of its kind in the U.S., is being launched by the Canadian-based digital asset exchange Defiance.
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