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First NFT-focused ETF lists on NYSE Arca

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cointelegraph.com

On Thursday, registered investment adviser and fintech firm Defiance announced it has launched the first nonfungible token (NFT)-focused exchange-traded fund (ETF) on the New York Stock Exchange Arca.

The fund is listed under the ticker symbol NFTZ and has a management fee of 0.65% per year.The fund does not directly buy and hold NFTs to store in wallets.

Read more on cointelegraph.com
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