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BKCH

Global X Blockchain ETF·NASDAQ
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Key Stats

Assets Under Management
298.06MUSD
Fund Flows (1Y)
114.78MUSD
Dividend Yield
1.81%
Discount/Premium to NAV
0.23%
Shares Outstanding
4.60M
Expense Ratio
0.50%

About Global X Blockchain ETF

Issuer
Global X Management Company LLC
Brand
Global X
Inception Date
Jul 12, 2021
Structure
Open-Ended Fund
Index Tracked
Solactive Blockchain Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
BKCH is one of the few ETFs that target the global blockchain industry. Using a proprietary natural language processing (NLP) algorithm, the fund screens for firms involved in the following business activities: 1) Digital Asset Mining, 2) Blockchain & Digital Asset Transactions, 3) Blockchain Applications, 4) Blockchain & Digital Asset Hardware, and 5) Blockchain & Digital Asset Integration. Companies are then categorized into pure-play, pre-revenue and diversified based on revenue derived from these blockchain-related businesses. The fund typically holds a concentrated portfolio of 25 to 40 pure-play companies. If fewer than 25 pure-play companies qualify for inclusion, pre-revenue and diversified companies may be selected until the portfolio reaches 25 constituents. Holdings are market-cap-weighted, with each pure-play company capped at 12%, and any single pre-revenue and diversified firm capped at 2%. The index rebalances semi-annually.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Blockchain
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Tiered
Selection Criteria
Market cap

Analysis

Sector

Financial Services

81.33%

Technology

18.67%

Asset

Holdings

Symbol

Ratio

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COIN

Coinbase Global
12.53%
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IREN LIMITED

11.73%
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BITMINE IMMERSION TECHNOLOGI

11.05%
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APPLIED DIGITAL CORP

8.36%
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HUT 8 CORP

6.18%
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CIPHER MINING INC

5.29%

Symbol

Ratio

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TERAWULF INC

4.86%
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CORE SCIENTIFIC INC

4.58%
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GALAXY DIGITAL INC-A

4.40%
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RIOT PLATFORMS INC

4.34%

Top 10 Weight 73.32%

10 Total Holdings

See all holdings

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