The 5 Best Blockchain ETFs of 2023 and the most relevant investment opportunities in the sector, to invest wisely and take advantage of the potential of blockchain technology
Recent studies in the financial sector suggest that blockchain technology is not only a temporary phenomenon, but that it is increasingly becoming a driving force in the world of investments. Exchange-Traded Funds, or ETFs, are a relatively easy and affordable way to invest in blockchain without having to accurately paint individual stocks.
In this post, we’ll review the top 5 blockchain ETF options for 2023 and analyze the attractiveness of significant investments
in this emerging sector.
Explore the world of blockchain investment through the largest ETFs in terms of total assets. While cryptocurrencies such as Bitcoin and Ethereum continue their fluctuating path, the focus is shifting to blockchain technology, with companies such as Meta Platforms, IBM, Microsoft and Toyota recognizing its potential. If you’re new to the blockchain industry and looking for clarity and stability, Exchange-Traded Funds (ETFs) might be
the solution.
Table of Contents:
The 5 Best Blockchain ETFs of 2023
Amplify Transformational Data Sharing ETF (BRAND: BLOK)
Company Profile
- Total Assets: US$463 million
The Amplify Transformational Data Sharing ETF, active since January 2018, offers dynamic exposure to blockchain technology through a mix of companies in different sectors, such as banking, IT, telecommunications and media. Actively managed, it has 48 securities with an expenditure/revenue ratio of 0.75%. Among the main holding companies: MicroStrategy, Coinbase Global and SBI Holdings
.
First Trust Index Innovative Transaction & Process ETF (NASDAQ:LEGR)
Company Profile
- Total Assets: US$108 million
Also launched in January 2018, the First Trust Indxx Innovative Transaction & Process ETF selects companies that employ and develop blockchain technology. With 101 stocks, including NVIDIA, Amazon and VMware, it has an expenditure/revenue ratio of 0.65%
.
Bitwise Crypto Industry Innovators ETF (BRAND: BITQ)
Company Profile
- Total Assets: US$79 million
The Bitwise Crypto Industry Innovators ETF, listed in May 2021, offers pure exposure to companies in the crypto industry. With an expenditure-to-revenue ratio of 0.85%, it owns 28 stocks, including MicroStrategy, Coinbase Global and
Riot Blockchain.
Global X Blockchain ETF (NASDAQ:BKCH)
Company Profile
- Total Assets: US$69 million
Launched in July 2021, the Global X Blockchain ETF follows the performance of the Solactive Blockchain Index, focusing on companies active in various blockchain segments. With the lowest expenditure/revenue ratio on the list (0.5%), it owns 26 stocks, including Coinbase Global, Marathon Digital
Holdings and Hut 8 Mining.
Siren NASDAQ NexGen Economy ETF (NASDAQ:BLCN)
Company Profile
- Total Assets: US$66 million
The Siren NASDAQ NexGen Economy ETF, active since January 2018, is focused on companies involved in the research, development and application of blockchain technology. With 66 stocks and an expenses/revenue ratio of 0.68%, its main holding companies include MicroStrategy, Coinbase Global and Overstock.com
.
