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BCOR - ETF AI Analysis
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Grayscale Bitcoin Adopters ETF (BCOR)
Rating:58Neutral
Price Target:―
Positive Factors
Strong Bitcoin-Linked Leaders
Several major holdings with direct or indirect ties to Bitcoin, such as Galaxy Digital and Metaplanet, have shown strong recent performance, helping support the fund’s returns.
Global Exposure Beyond the U.S.
While most assets are in U.S. companies, meaningful stakes in Japan and smaller positions in other countries provide some international diversification.
Targeted Theme Across Multiple Sectors
Holdings spread across technology, consumer cyclical, financials, and communication services give investors exposure to the Bitcoin adoption theme through different parts of the economy.
Negative Factors
High Concentration in a Few Stocks
The top two positions alone make up a large share of the portfolio, so sharp moves in those names can heavily sway the ETF’s performance.
Recent Short-Term Weakness
The fund has shown weak performance over the last one and three months, indicating recent pressure on its holdings.
Higher Fees and Small Asset Base
The expense ratio is on the higher side for an ETF and the relatively small amount of assets under management may make the fund more vulnerable to investor inflows and outflows.
BCOR vs. SPDR S&P 500 ETF (SPY)
AUM2.91M
RegionGlobal
Expense Ratio0.59%
Beta1.75
IssuerGrayscale
Inception DateApr 30, 2025
Dividend Yield3.43%
Asset ClassEquity
Index TrackedIndxx Bitcoin Adopters Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume939
30 Day Avg. Volume1,292
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
36.93Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering42
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BCOR Summary
The Grayscale Bitcoin Adopters ETF (BCOR) is an exchange-traded fund that follows the Indxx Bitcoin Adopters Index, focusing on companies around the world that hold significant amounts of bitcoin on their balance sheets. It mainly owns U.S. stocks in technology, consumer, and financial sectors, including well-known names like Tesla and Coinbase. Someone might invest in BCOR if they want indirect exposure to bitcoin’s growth potential through regular stocks instead of buying cryptocurrency directly. A key risk is that the fund’s value can be very volatile because it is heavily tied to bitcoin prices.
How much will it cost me?The Grayscale Bitcoin Adopters ETF (BCOR) has an expense ratio of 0.59%, which means you’ll pay $5.90 per year for every $1,000 invested. This is higher than the average for passively managed ETFs because it tracks a niche index focused on companies with bitcoin exposure, requiring more specialized management.
What would affect this ETF?The Grayscale Bitcoin Adopters ETF (BCOR) could benefit from increased global adoption of bitcoin and blockchain technology, especially as major companies like Tesla and Coinbase continue to integrate cryptocurrency into their strategies. However, the ETF may face challenges from regulatory changes, heightened scrutiny of digital assets, or a downturn in the cryptocurrency market, which could negatively impact its holdings and overall performance.
BCOR Top 10 Holdings
This ETF is essentially a leveraged bet on bitcoin-sensitive growth names, with MicroStrategy and Tesla in the driver’s seat. Both have been losing steam lately, so when they wobble, the whole fund feels it. On the brighter side, Galaxy Digital and Japan’s Metaplanet and NEXON have been rising, helping to offset some of that drag. Coinbase and Block are more mixed, reflecting choppy crypto sentiment. Overall, it’s a global, tech- and consumer-heavy portfolio whose fortunes still largely rise and fall with bitcoin’s mood swings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Tesla | 20.63% | $600.58K | $1.57T | 17.31% | 73 Outperform | |
| Strategy | 18.71% | $544.52K | $38.47B | -60.36% | 55 Neutral | |
| GameStop | 5.95% | $173.18K | $10.56B | -12.70% | 66 Neutral | |
| NEXON Co | 5.49% | $159.91K | ¥2.54T | 73.46% | 76 Outperform | |
| Mercadolibre | 5.45% | $158.55K | $100.80B | -5.77% | 77 Outperform | |
| Galaxy Digital | 4.43% | $129.06K | $8.47B | 11.37% | 70 Outperform | |
| Truth Social | 4.16% | $121.06K | $3.04B | -63.87% | ― | |
| Block | 4.09% | $118.95K | $30.26B | -40.71% | 72 Outperform | |
| Metaplanet KK | 4.04% | $117.65K | ¥371.23B | -45.01% | 50 Neutral | |
| Bullish | 4.02% | $117.07K | $4.78B | ― | 49 Neutral |
BCOR Technical Analysis
Negative
―
Price Trends
26.60
Negative
29.35
Negative
Market Momentum
-1.28
Positive
38.88
Neutral
47.35
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BCOR, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 25.15, equal to the 50-day MA of 26.60, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -1.28 indicates Positive momentum. The RSI at 38.88 is Neutral, neither overbought nor oversold. The STOCH value of 47.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BCOR.
BCOR Peer Comparison
Comparison Results
Performance Comparison
BCOR
Grayscale Bitcoin Adopters ETF
22.99
-2.50
-9.81%
ICAP
InfraCap Equity Income Fund ETF
―
―
―
GINX
SGI Enhanced Global Income ETF
―
―
―
PRAY
FIS Biblically Responsible Risk Managed ETF
―
―
―
SAGP
Strategas Global Policy Opportunities ETF
―
―
―
GOP
Unusual Whales Subversive Republican Trading ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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