What's Hot

    The new hunting ground for cryptocurrency scammers

    June 25, 2022

    Crypto Firms Cut Ad Spending by 90% After Bitcoin (BTC) All-Time High

    June 25, 2022

    Ava Labs launches a handy new feature

    June 25, 2022
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    THECRYPTNEWS
    • Home
    • News
    • Guides
    • NFT
    • Analysis
    THECRYPTNEWS
    Home » 5 New Blockchain Funds You Could Invest in Today
    News

    5 New Blockchain Funds You Could Invest in Today

    AdminBy AdminDecember 28, 2021No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Source: Adobe / koya979

    If you would like to add blockchain exposure to your investment portfolio without buying cryptoassets, you could buy shares in blockchain funds.

    Read on to discover five new entrants in the blockchain investment funds space that launched in 2021.

    What are blockchain investment funds?

    Blockchain investment funds are investment vehicles that invest in a basket of shares in crypto companies or companies developing or deploying blockchain technology.

    You can buy shares in blockchain funds to gain exposure to the fast-growing crypto and blockchain industries.

    Most blockchain funds come in the form of ETFs (exchange-traded funds), which can be traded like stocks on major securities exchanges. Provided you have an online brokerage account that gives you access to global stock exchanges, you should have no issue investing in blockchain funds.

    Top new blockchain funds

    Let’s dive in and explore the latest additions to the blockchain fund universe.

    Bitwise Crypto Industry Innovators ETF

    BitWise Crypto Industry Innovators ETF (BITQ) is an equity-focused ETF that enables you to invest in companies involved in the crypto economy. The index fund primarily tracks the performance of the Bitwise Crypto Innovators 30 Index. As the benchmark implies, the index has 30 holdings.

    The eligibility requirements for a company to be included in the index are: the company must derive at least three-quarters of its revenue from the crypto ecosystem or have a minimum of 75% of the net assets tied up in digital assets.

    At any given time, crypto innovators will make up 85% of the index, with the remaining 15% being made up of companies with at least USD 10bn in market capitalization, and have a footprint in the crypto economy.

    Fund details (at the time of writing):

    • Assets under management (AUM) – USD 134m
    • Number of holdings – 30
    • Expense Ratio – 0.85%
    • Ticker – BITQ

    Global X Blockchain & Bitcoin Strategy ETF

    Global X Blockchain & Bitcoin Strategy ETF (BITS) is an actively managed fund that aims to track the long-term performance of the blockchain ecosystem. Launched in November 2021, the fund takes long positions in bitcoin futures contracts and invests in companies associated with blockchain technology.

    BITS also invests in blockchain-related stocks in Global X Blockchain ETF (BKCH), which is a passively managed ETF by Global X. BITS current holdings consist of a 49% weighting in BKCH, 26% weighting in bitcoin (BTC) futures for February 2022, and 23% in bitcoin futures for January 2022.

    Fund details:

    • AUM – USD 10.3m
    • Number of holdings – 3
    • Total Expense Ratio – 0.65%
    • Ticker – BITS

    Global X Blockchain ETF

    Global X Blockchain ETF (BKCH) invests in blockchain-focused companies involved in crypto mining hardware, blockchain applications, crypto payments, and mining farms.

    BKCH tracks the performance of the Solactive Blockchain Index, which represents a basket of stocks tied to cryptos and blockchain technology. The index included three categories of companies: Pure-play stocks that generate at least half of their revenues from blockchain activities, pre-revenue blockchain companies, and diversified companies that generate less than half of their revenues from blockchain activities.

    Fund details:

    • AUM – USD 125m
    • Number of holdings – 25
    • Total Expense Ratio – 0.50%
    • Ticker- BKCH

    Simplify US Equity PLUS GBTC ETF

    Simplify US Equity PLUS GBTC ETF (SPBC) offers investors a diluted exposure to bitcoin by providing 100% investment in equity, and an extra 10% to BTC via the Grayscale Bitcoin Trust.

    The majority of SPBC’s market exposure is through its holdings in ISHARES S + P 500 INDEX FUND weighted above 80%. It also invests 13% in the Grayscale Bitcoin Trust and a further 14% in the S & P500 EMINI FUT DEC21.

    Fund details:

    • AUM – USD 124m
    • Number of holdings – 3
    • Gross Expense Ratio – 0.74%
    • Ticker – SPBC

    VanEck Digital Transformation ETF

    VanEck Digital Transformation ETF (DAPP) tracks the price and yield performance of the MVIS Global Digital Assets Equity Index, which tracks the performance of companies that are involved in the global crypto markets.

    Companies in this index have the potential to derive at least half of their annual revenue from cryptoassets. The fund has invested 75% of the portfolio in technology stocks, with the remainder invested in financials and a tiny portion in cash.

    Fund details

    • AUM – USD 66.6m
    • Number of holdings – 26
    • Net Expense Ratio – 0.50%
    • Ticker – DAPP

    Blockchain funds provide another way to add crypto and blockchain exposure into a diversified investment portfolio. Also, most blockchain ETFs have annual fees of under 1%, so you don’t have to worry too much about fees eating into your returns.
    _____
    Learn more:
    – How to Earn Interest on Stablecoins: A Beginner’s Guide
    – How to Buy Virtual Land in the Metaverse: A Beginner’s Guide

    – Top 7 Bitcoin & Crypto Mining Stocks You Could Add to Your Stock Portfolio
    – Check These 5 Ways to Earn Yield on Your Crypto

    – The Growing Defi Market on Bitcoin: What’s Yielding Already?
    – Play-to-Earn Gaming is Booming: From Axies to Lightnite, Here’s What’s Out There

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Admin
    • Website

    Related Posts

    Work on a Multi-CBDC Platform Has Revealed ‘More Questions Than Answers’ – BIS

    March 22, 2022

    Japan’s Crypto Exchanges Set to Speed ​​Up and Simplify Crypto Listing Process

    March 22, 2022

    Crypto Donations To ‘Freedom Convoy’ Evade Government Seizure

    March 22, 2022

    DeFiance Founder’s USD 1.76M Loss is a Lesson For NFT Investors

    March 22, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts

    • The new hunting ground for cryptocurrency scammers
    • Crypto Firms Cut Ad Spending by 90% After Bitcoin (BTC) All-Time High
    • Ava Labs launches a handy new feature
    • Dogecoin, a cryptocurrency of choice for criminals?
    • Crypto.com receives regulatory green light in Singapore

    Recent Comments

    No comments to show.

    Subscribe to Updates

    Get the latest sports news from THECRYPTNEWS.

    Advertisement

    Archives

    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021

    Categories

    • Analysis
    • Guides
    • News
    • NFT

    The leader in news and information on cryptocurrency, digital assets and the future of money, THECRYPTNEWS is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
    We're social. Connect with us:

    Facebook Twitter Instagram Pinterest YouTube WhatsApp Reddit
    Top Insights

    The new hunting ground for cryptocurrency scammers

    June 25, 2022

    Crypto Firms Cut Ad Spending by 90% After Bitcoin (BTC) All-Time High

    June 25, 2022

    Ava Labs launches a handy new feature

    June 25, 2022
    Get Informed

    Subscribe to Updates

    Get the latest creative news from THECRYPTNEWS

    Facebook Twitter Instagram Pinterest
    • Home
    Copyright © 2021 Thecryptnews.com

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT

    DMCA - Terms and Conditions - Privacy Policy