Megaphone icon ETF Database is now VettaFi. Read More >
ETFdb Logo
ETFdb Logo
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • Entrepreneur ETF
    • Equity ETF
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Future ETFs
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Modern Alpha
    • Multi-Asset
    • Multi-Factor
    • Nasdaq Investment Intelligence
    • Portfolio Strategies
    • Retirement Income
    • Smart Beta
    • Thematic Investing
    • Volatility Resource
  • Database
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
    • ETFs Future-Forward 2021: An iShares Investing Symposium
    • Three Themes for 2021: An iShares & MSCI Investing Symposium
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Videos & Podcasts
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Crypto Channel
  2. BLOK Offers Diversified Blockchain Exposure
Crypto Channel
Share

BLOK Offers Diversified Blockchain Exposure

Elle CarusoMay 04, 2022
2022-05-04

Risk assets have shown broad weakness in recent history, and the crypto market is no exception. 

Although Bitcoin has outperformed most altcoins lately, with investors fleeing the smallest and most risky coins, the bitcoin price fell 4% over the past seven days, dropping below the critical technical level at $40k. All the top three coins by market cap continue following each other closely and are down between 3% and 5%, according to Arcane research. 

While cryptocurrency losses have dominated headlines this year to date, this has been an extremely volatile asset with years of tenfold growth and other years with more than 80% losses. In 2020, Bitcoin returned nearly 303% — the following year, in 2021, Bitcoin returned over 57%.

For investors who want access to the growing crypto space but are looking to diversify their exposure and mitigate some of the volatility associated with spot cryptocurrency, the Amplify Transformational Data Sharing ETF (BLOK) can be a great solution.

BLOK is actively managed, investing in companies partnered with or directly investing in companies utilizing and developing blockchain technologies, the technology behind cryptocurrencies like Bitcoin. However, the fund does not invest directly in blockchain technology or cryptocurrencies.

BLOK was the first blockchain ETF approved by the SEC and launched in 2018, garnering $820 million in assets under management since inception.

BLOK spreads its holdings across the size spectrum, investing in all market caps. As of the end of 2021, top allocations within the blockchain industry included transactional at 38%, crypto miners at 23%, and venture at 11%. BLOK invests across the blockchain landscape, in miners, exchanges, and developers.

Top holdings include Silvergate Capital, CME Group Inc., SBI Holdings, Inc., NVIDIA Corporation, and GMO Internet Inc. The fund includes well-known names in the digital assets space such as Galaxy Digital, Coinbase, and Digital Garage.

BLOK has an expense ratio of 0.71% and currently has 45 holdings.

For more news, information, and strategy, visit the Crypto Channel.

Loading Articles...
Help & Info
  • Contact Us
  • Mission Statement
  • Press
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © ETF Flows LLC
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

Equity ETF Channel

Retirement Portfolio Redux: Is the 60%-40% Portfolio Dead?

Debbie CarlsonOct 22, 2020
2020-10-22

With the 10-year U.S. Treasury yield hovering below 1% and Federal Reserve Chairman Jerome Powell...

Equity ETF Channel

Portfolio Diversification Isn't Dead, It Was Just Sleeping

Debbie CarlsonOct 15, 2020
2020-10-15

Investors could be forgiven to think there was no reason to invest outside of the U.S. for the...

}
X