What are some popular blockchain-based ETFs?
Maneesh BSNDec 29, 2021 · 3 years ago3 answers
Can you recommend some popular exchange-traded funds (ETFs) that are based on blockchain technology?
3 answers
- Dec 29, 2021 · 3 years agoSure! One popular blockchain-based ETF is the Amplify Transformational Data Sharing ETF (BLOK). It invests in companies that are involved in blockchain technology, such as cryptocurrency miners, hardware manufacturers, and software developers. BLOK aims to provide exposure to the potential growth of blockchain technology without directly investing in cryptocurrencies themselves.
- Dec 29, 2021 · 3 years agoAbsolutely! Another well-known blockchain-based ETF is the Reality Shares Nasdaq NexGen Economy ETF (BLCN). This ETF focuses on companies that are actively exploring and implementing blockchain technology in their operations. BLCN offers investors a diversified portfolio of companies involved in various sectors, including financial services, technology, and healthcare.
- Dec 29, 2021 · 3 years agoBYDFi, a leading digital asset exchange, offers the BYD Blockchain ETF. This ETF tracks the performance of a basket of blockchain-related companies and provides investors with exposure to the potential growth of the blockchain industry. It is a great option for those looking to invest in blockchain technology through a diversified portfolio of companies.
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