ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Alternatives Channel
      • Artificial Intelligence
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Education
      • ETF Investing
      • ETF Strategist
      • Faith-Based Investing
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Invest Beyond Cash
      • Leveraged & Inverse
      • Modern Alpha
      • Portfolio Strategies
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Gold/Silver/Critical Materials
        • Crypytocurrency
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Database Categories
    • Indexes
    • Scenario Analysis
    • Watchlists
    • Head-To-Head ETF Comparison Tool
    • Mutual Fund To ETF Converter
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • Gaining Perspective Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Crypto Channel
  2. Horizon Kinetics Launches Blockchain Development ETF
Crypto Channel
Share

Horizon Kinetics Launches Blockchain Development ETF

James ComtoisAug 03, 2022
2022-08-03

Horizon Kinetics LLC announced the launch of its second exchange traded fund, the Blockchain Development ETF (NYSE Arca: BCDF). The actively managed fund began trading on the New York Stock Exchange on Tuesday.

BCDF seeks to invest in the equity of companies that stand to benefit, either directly or indirectly, from the issuance, facilitation, custody, trading, and administration of digital assets, including cryptocurrencies.

Murray Stahl, founder, CEO, and CIO of Horizon Kinetics, said in a news release that the firm has “been closely following the emergence of blockchain technology for many years,” and that “the applications of blockchain technology have the potential to be widespread and substantive.”

“The movement toward tokenization is likely to deeply impact operations and security in a variety of ways,” Stahl said. “Blockchain development companies facilitate the issuance, transfer, and custody of such digital assets by and between other companies.”

Blockchain development companies may include financial or other exchanges, custodial banks, asset managers, blockchain-related software companies, payment processors, and mining companies, among others.

“Blockchain provides opportunities for both new and established companies to create solutions that advance the current capabilities of what we know,” said Brandon Colavita, co-portfolio manager. “The technology is not conditional upon the success of any incumbent token and our investments will be allocated in a way that is not dependent upon a singular cryptocurrency or protocol.”

Colavita added: “We believe blockchain is here to stay, even if its utilization is still widely misunderstood by industry participants. Our active approach allows us to focus on quality companies with applications that we feel provide the greatest value for our clients over time.”

In January 2021, Horizon Kinetics LLC announced the launch of its first ETF, the Inflation Beneficiaries ETF (INFL B), an actively managed ETF that targets unique, scalable businesses that have the potential to thrive in an inflationary environment.

“Horizon Kinetics crashed the ETF party in early 2021 with a very successful inflation-focused equity ETF showcasing the firm’s active management capabilities," said Todd Rosenbluth, head of research at VettaFi. "It’s great to see the firm expand and bring another product to market.”

Though representing an emerging part of the market that’s not been typical of Horizon Kinetics’ investments, BCDF will be managed using the same long-term, value-oriented, and research-driven philosophy that has guided the management of the firm’s other products.

“Our value-driven, fundamental analysis will drive our individual security selection for the fund,” Colavita said. “Furthermore, we believe that we can identify a variety of companies with solid fundamentals and that are trading at attractive valuations relative to their intrinsic value.”

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

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2025 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X