While there are other Blockchain ETFs, BLOK is the original, launching back in January 17, 2018, with more than $1 billion in assets under management.
With all the fuss about Bitcoin ETFs, some issuers and investors may have overlooked the investment opportunity in Blockchain itself.
Ecommerce and the disruption of retail is a theme that is not going away, and some of the fastest growing companies and markets are located outside the U.S.
ETFs are a nice vehicle to give U.S. investors access to many of these foreign ecommerce companies, not easily accessible on an individual share basis.
The speakers at the event were Gabriella Herculano, CEO and founder of iClima Earth, Stephen Derkash, head of global products and ESG at EQM Indexes, Sam Dickens, portfolio manager at IG Group and Nicholas Mersch, portfolio manager at Purpose Investments
Thanks to a confluence of factors, Value stocks have significantly outpaced their Growth peers year-to-date, with the Russell 1000 Value up 16.3% versus 11.2% for the year. But the performance gap between Value and Growth has been closing since its 10.3% spread at the end of the first quarter of 2021.
As mentioned in our previous article on Seeking Alpha entitled, Blockchain ETFs And Their Holdings Have Finally Come Of Age, Amplify’s Transformational Data Sharing ETF (BLOK) has the highest correlation to crypto assets, in part due to its ownership of many of the top crypto miners.
One of the criticisms of the first Blockchain ETFs when they launched back in January of 2018 was that there were too few "pure-play" names to hold. Indeed, at the time, regulators would not even let these products use blockchain in the name, as they could not easily meet revenue test standards.