Blockchain technology provides a transparent and secure process to transfer and digitally record information on a shared transaction database through a secure, decentralized, peer-to-peer distributed ledger, which negates the transactional challenges of counterparty trust and the need for a central repository or ledger. It is designed to facilitate the transfer of information or property between users such that the transfer is guaranteed to be secure and known to all participants and shared across a distributed network where the legitimacy of the transfer cannot be challenged.
BKC has just over $5 million in assets under management.
“The Fund will be closed to orders for new creation units on January 25, 2019, and the last day of trading the Fund’s shares on the NYSE Arca Exchange, Inc. will be February 5, 2019,” according to the statement.
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