New Blockchain ETFs- Deep Dive Into BLOK and BLCN.
BLOK :
The Amplify Transformational Data Sharing ETF (BLOK) is actively managed and tends to weight more heavily towards small-caps and domestic companies.
BLCN :
The Reality Shares Nasdaq NexGen Economy ETF (BLCN) sticks to bigger companies and devotes a larger share of assets overseas. Both funds, however, are far from pure blockchain plays.
BLCN uses the Blockchain Score™ company rating methodology, which is designed to identify the companies that may benefit most from blockchain technology.
Basic Details:
- Launch Date: January 17, 2018.
- Expense Ratio: 0.68%.
3 . Shares outstanding: 875,001.
4 . Net assets: $21,306,739.
5 . Number of Holdings: 59 at present up to a maximum of 100.
6 . Daily Volume: 864,779. - Dividends: reinvested into the fund and not distributed.
Summary
- new blockchain two ETFs were launched Jan 16th, 2018.
- Just look at those in detail and inside.
- Comments and Thoughts on the value of these ETFs.
It is important to note that the SEC has not allowed the word “blockchain” to be included in the name of either of these ETFs given the hype in the space right now.
BLOK and BLCN launched on January 17th with both in the $20 - $25 dollar price range.