WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management, the asset management arm of The Charles Schwab Corporation, today announced the launch of the Schwab Crypto Thematic ETF (NYSE Arca: STCE). The first day of trading is expected to be on or about August 4, 2022. The fund is designed to track Schwab Asset Management’s new proprietary index, the Schwab Crypto Thematic Index, providing investors with global exposure to companies that may benefit from the development or utilization of cryptocurrencies and other digital assets. With an annual operating expense ratio of 0.30%, STCE will be the lowest cost crypto-related ETF available to investors today.1
“For investors who are interested in cryptocurrency exposures, there is a whole ecosystem to consider as more companies seek to derive revenue from crypto directly and indirectly”
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“For investors who are interested in cryptocurrency exposures, there is a whole ecosystem to consider as more companies seek to derive revenue...
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