BKCH
Global X Blockchain ETF·NASDAQ
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Key Stats
Assets Under Management
210.73MUSD
Fund Flows (1Y)
48.86MUSD
Dividend Yield
2.01%
Discount/Premium to NAV
-0.47%
Shares Outstanding
3.82M
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
77.72%
Technology
22.28%
Financial Services
77.72%
Technology
22.28%
Asset
Holdings
Symbol
Ratio
IREN LIMITED
13.96%
APPLIED DIGITAL CORP
11.11%
COIN
Coinbase Global
9.26%
BITMINE IMMERSION TECHNOLOGI
8.21%
HUT 8 CORP
7.29%
TERAWULF INC
6.13%
Symbol
Ratio
CIPHER MINING INC
5.23%
CORE SCIENTIFIC INC
5.13%
RIOT PLATFORMS INC
4.89%
GALAXY DIGITAL INC-A
3.94%
Top 10 Weight 75.15%
10 Total Holdings
See all holdings
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