WESTLAKE, Texas--(BUSINESS WIRE)--Today the Schwab Crypto Thematic ETF (STCE) begins trading on the NYSE Arca. The fund, from Schwab Asset Management, the asset management arm of The Charles Schwab Corporation, is designed to track a new proprietary index, the Schwab Crypto Thematic Index, and to provide 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 is the lowest cost crypto-related ETF available to investors today.1
“We’re excited to be able to offer investors the Schwab Crypto Thematic ETF, which is different than other crypto-related ETFs on the market today in the way that the index identifies, selects and weights constituents based on a company’s relevance to the crypto ecosystem using natural language processing”
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“We’re excited to be able to offer investors the Schwab Crypto Thematic ETF, which is different than other...
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