Saxo Bank reviews Crypto & Blockchain theme basket
Multi-asset investment company Saxo Bank has reviewed its Crypto & Blockchain theme basket and has decided that three companies will be removed.
Voyager Digital is being removed because it is at reduce only in Saxo’s trading systems. Monex Group is removed because Saxo has decided that it does not have enough exposure to the crypto market. Future FinTech Group has too small a market so this company has also been removed.
The table below shows the new updated table of constituents in the crypto & blockchain basket.
Let’s recall that Saxo launched a theme basket focusing on crypto and blockchain companies in April 2021. This basket provides inspiration and alternatives for investors that want exposure to cryptocurrencies but do not want to own ETNs or physical cryptocurrencies.
In November 2021, Saxo reviewed the theme, with three companies added to the Crypto & Blockchain equity theme basket extending the basket to 26 companies covering the industry across many different activities. Back then, Saxo added Bakkt Holdings, Stronghold Digital Mining, and CoinShares International.