VanEck-SolidX ETF proposal is withdrawn from the SEC review list for the second time this year.

China continues to bolster its global position as a purveyor of cryptocurrencies and its underlying technology, blockchain, as the Bank of China is utilizing the technology to issue $2.8 billion in financial bonds, according to a Cointelegraph report. The bonds will consist of debt issues from small companies and micro enterprises—a move by China to strengthen its businesses to help develop its economy.

Blockchain exchange-traded funds (ETFs) own stocks in companies that have business operations in blockchain technology or in some way profit from it. Blockchain is made up of complex blocks of digital information, and increasingly is used in banking, investing, cryptocurrency and other sectors.

Chinese E-commerce giant Baidu who is also one of the major movers and shakers when it comes to adopting blockchain technology, and it just launched a beta version of a blockchain service called “Xuperchain,” based on a local report. BLCN seeks long-term growth by tracking the investment returns of the Reality Shares Nasdaq Blockchain Economy Index, which is designed to measure the returns of companies that are committing material resources to developing, researching, supporting, innovating or utilizing blockchain technology for their proprietary use or for use by other blockchain-focused companies. “Blockchains allow peers and competitors who don’t necessarily trust each other to share valuable data in a secure way,” the report added.

Facebook CEO Zuckerberg sees regulatory hurdle for Libra project. This has hit the crypto space hard, which in turn may build pressure on these ETFs.

The technology race between the U.S. and China can be linked directly to the amount of business investment that each nation receives. “When it comes to assessing the relative strengths of China and the U.S. in the tech field, most analysts look for the amount of venture investment that the sector attracts,” wrote Samuel Bocetta in a Daily Caller article. “Rising investment in China has been spurred by the Chinese government’s ambition to make the country a tech superpower,” the article added.

Institutions such as banks and hedge funds to get a bitcoin ETF from Van Eck Securities Corp. and SolidX Management LLC.

Blockchain ETFs should rally in the coming days on widespread adoption of initiatives related to digital or cryptocurrencies.

Inside the key ETF events for the month of September.

Showgoers may soon be utilizing blockchain technology in order to do so as theatre operator Shubert Organization is teaming with startup True Tickets to offer tickets using IBM’s blockchain platform. At the conclusion of the recent inaugural cohort of the Broadway Tech Accelerator, Shubert Ticketing announced that they will launch a pilot project with True Tickets’ secure mobile ticketing service in 2020 to create a better ticketing experience for millions of theater fans. “We’re excited for this pilot with True Tickets to help us explore how to standardize processes across our partners and create a more consistent customer experience,” said Kyle Wright of Shubert Ticketing and Managing Principal of Broadway Tech Accelerator.

BLCN tracks the Reality Shares Nasdaq Blockchain Economy Index. “Blockchain is the least mature of the six transformative technologies tracked by Digital Orbit,” said IHS Markit in a recent note. “Complex and largely confined in application to the financial sector, Blockchain together with 5G had the lowest scores in readiness, one of Digital Orbit's two key measures.

Blockchain technology is making its way into every sector, so naturally it makes sense that companies will want to hire individuals who have employable skills related to blockchain. Blockchain, which is the underlying technology that serves as the basis for cryptocurrencies, topped LinkedIn’s list of most in-demand skills for 2020. "Last year, cloud computing, artificial intelligence and analytical reasoning led LinkedIn’s global list of the most in-demand hard skills," LinkedIn wrote in a report.

In May, it seemed that every exchange-traded fund (ETF) that catered to China got racked by the U.S.-China trade deal going sideways, which may have left a bad taste for opportunities in the world's second largest economy. Rather than getting broad-based exposure to China, ETF investors can opt for the Reality Shares Nasdaq NexGen Economy China ETF (BCNA) . The fund itself is up over 21 percent year-to-date, which is almost seven times more than the broad market-based iShares China Large-Cap ETF (FXI) .

U.S. lawmakers questioned Facebook (FB) on its cryptocurrency plans and raised concerns related to privacy and trust. Bitcoin felt the pressure but blockchain ETFs managed to survive.