6 Best blockchain ETFs 2022
As the cryptocurrency marketplace continues to grow and evolve, more and more investors are looking for ways to get involved. One option that has become increasingly popular is investing in blockchain ETFs. These funds give you access to a basket of cryptocurrencies, which can be a smart way to spread your risk across several different coins. we’ll take a look at some of the best blockchain ETFs available right now.
Each of the funds has its own unique benefits and drawbacks, so be sure to do your own research before investing. But if you’re looking for a way to get exposure to the burgeoning blockchain industry, here we will discuss five ETFs that are a great place to start.
6 Best Blockchain ETFs of 2022
The best blockchain ETF for you will depend on your investment goals and objectives. But regardless of which fund you choose, investing in blockchain is a smart way to get involved in one of the most exciting industries in the world today.
Here are the best blockchain ETFs of 2022
- Amplify Transformation Data Sharing ETF (BLOK)
- Siren Nasdaq NexGen Economy ETF (BLCN)
- First Trust Index Innovation Fund (LEGR)
- Global X Blockchain ETF (BKCH)
- Bitwise Crypto Industry Innovators ETF (BITQ)
- Global X Blockchain & Bitcoin Strategy ETF (BITS)
1. Amplify Transformation Data Sharing ETF (BLOK)
The Amplify Transformation Data Sharing ETF (BLOK) is one of the most popular ETFs in this space, providing exposure to a portfolio of companies that are leading the way in developing and deploying blockchain technology. Blockchain technology is expected to have a profound impact on the way we interact and do business.
The ETF provides exposure to companies across the globe that are focused on developing this technology. This includes businesses in a variety of industries, such as healthcare, finance, retail, and more. The fund has been designed to track the performance of the Transformational Data Sharing Index.
This index is comprised of companies that are actively involved in the development of blockchain technology and are expected to benefit from its growth. The ETF has a fairly low expense ratio of 0.65%, making it an affordable option for investors seeking exposure to this emerging space.
Since its inception, the fund has delivered strong returns, outperforming its benchmark index. ts total assets worth is $659 million. For investors looking to get exposure to blockchain technology, the Amplify Transformation Data Sharing ETF is worth considering.
2. Siren Nasdaq NexGen Economy ETF (BLCN)
The Siren Nasdaq NexGen Economy ETF invests in companies across a wide range of industries that are benefiting from the ongoing trends of the “NexGen” economy. This includes companies involved in social media, cloud computing, Big Data/analytics, mobile applications and gaming, and other cutting-edge technological innovations.
As such, the fund offers investors exposure to some of the most dynamic and fastest-growing companies in the world. The fund has a total asset value of $155 million and an expense ratio of 0.68%. The fund has a strong track record of delivering strong returns, with an annualized return of 21.8% since inception.
In addition, the fund is extremely well-diversified, with over 100 holdings from across the globe. This provides investors with both high potential returns and low risk.
Overall, the Siren Nasdaq NexGen Economy ETF is an excellent choice for investors looking to tap into the growth potential of the digital economy.
3. First Trust Index Innovation Fund (LEGR)
The First Trust Index Innovation Fund (LEGR) is a mutual fund that seeks to track the performance of the Legg Mason Capital Management Quality Index. The fund invests in a portfolio of large- and mid-cap stocks that are considered to be high-quality companies.
Additionally, the fund screens for stocks with strong fundamentals, including profitability, cash flow, and shareholder equity. The fund is co-managed by legendary investor Bill Miller and his team at Legg Mason Capital Management.
The fund has a relatively low expense ratio of 0.65%, which is below the average for large-cap stock funds, and a total asset of $133 million. he fund’s portfolio is diversified across sectors, with the largest allocations going to healthcare, technology, and consumer staples. As of June 2018, the fund’s top holdings included Apple Inc., Microsoft Corporation, Amazon.com Inc., and Johnson & Johnson.
The First Trust Index Innovation Fund has a three-year annualized return of 13.44%. For comparison, the S&P 500 Index has a three-year annualized return of 12.78%. This shows that the fund has outperformed its benchmark over the long term.
However, it is important to remember that past performance does not guarantee future results.
4. Global X Blockchain ETF (BKCH)
ANother the Best blockchain ETF in our list is the Global X Blockchain ETF (BKCH) offers exposure to companies that are actively using blockchain technology or investing in the development of blockchain technology. The ETF invests in companies across a variety of sectors that are leading the charge in blockchain innovation.
The fund aims to provide investors with exposure to the potential growth of the blockchain industry while mitigating some of the risks associated with investing in individual stocks. The fund has a total asset value of $68 million and an expense ratio of 0.50%.
The fund is domiciled in the United States and is listed on the New York Stock Exchange. As of June 30, 2018, the top holdings of Global X Blockchain ETF (BKCH) include Overstock.com, Inc., SBI Holdings, Inc., and Goldman Sachs Group, Inc. The fund has a three-year annualized return of 28.8%.
Global X Blockchain ETF (BKCH) is one of the first ETFs to offer investors exposure to the burgeoning blockchain industry. The fund provides access to a wide variety of companies that are at the forefront of blockchain innovation and is a cost-effective way to gain exposure to this emerging industry.
5. Bitwise Crypto Industry Innovators ETF (BITQ)
The Bitwise Crypto Industry Innovators ETF is known as Best blockchain ETF exchange-traded fund that seeks to provide investment results that correspond generally to the performance of the Bitwise Crypto Industry Innovators Index. The fund invests at least 90% of its total assets in the securities of the underlying index.
The index is a rules-based index designed to track the performance of a select group of exchange-listed companies involved in the cryptocurrency industry. The fund is non-diversified.
The Bitwise Crypto Industry Innovators ETF was launched on December 11, 2017, and is domiciled in the United States. The fund’s advisor is Bitwise Asset Management LLC. The fund is listed on the NYSE Arca and trades under the ticker symbol “BITQ”. as of now, the fund had $66 million in assets and an expense ratio of 0.85%.
The Bitwise Crypto Industry Innovators ETF offers investors exposure to a diversified group of companies involved in the cryptocurrency industry, including miners, exchanges, wallets, and payment processors. The fund’s largest holdings include Coinbase, Inc., Ripple Labs Inc., and Digital Garage, Inc. The fund has returned 46.5% since its inception.
6. Global X Blockchain & Bitcoin Strategy ETF (BITS)
The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that provides exposure to the emerging blockchain industry. The fund invests in companies that are involved in the development and use of blockchain technology, including those that mines cryptocurrencies, provide blockchain-related services, or invest in blockchain startups.
he fund has a global portfolio of companies with significant exposure to the blockchain industry, providing investors with a well-rounded exposure to this exciting new sector.
The fund has a relatively short history, having launched in December 2017. However, it has total assets of $6.69 million and has become one of the most popular vehicles for investing in blockchain technology. The fund charges an expense ratio of 0.65%, which is relatively high when compared to other ETFs but is in line with other specialized funds that target niche sectors.
Overall, the Global X Blockchain & Bitcoin Strategy ETF provides investors with easy and affordable access to the burgeoning blockchain industry. The fund’s broad portfolio and competitive expense ratio make it an attractive option for those looking to add blockchain exposure to their portfolios.
conclusions
The best blockchain ETFs offer investors exposure to a wide variety of companies involved in the blockchain industry. These funds provide an easy and affordable way to gain exposure to this emerging sector. The Global X Blockchain & Bitcoin Strategy ETF is one of the most popular options, offering a broad portfolio and competitive expense ratio. Other popular options include the Bitwise Crypto Industry Innovators ETF and the First Trust Index-Based ETF.
