BKCH - ETF AI Analysis
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Global X Blockchain ETF (BKCH)
Rating:49Neutral
Price Target:―
Positive Factors
Strong Recent Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum in its blockchain-focused strategy.
Top Holdings with Strong Gains
Several of the largest positions, including names like TeraWulf, Hut 8, Core Scientific, and Riot Platforms, have shown strong performance, helping drive the fund’s returns.
Focused Exposure to Blockchain-Related Sectors
The fund concentrates on financial and technology companies tied to blockchain, giving investors targeted exposure to this specific theme.
Negative Factors
High Concentration in a Few Stocks
A small number of holdings make up a large share of the portfolio, which increases the impact if any of these companies perform poorly.
Lagging Holdings Among Top Positions
Some major holdings, such as Coinbase Global and BitMine Immersion Technologies, have shown weak performance, which can drag on overall returns.
Narrow Sector and Geographic Focus
The ETF is heavily tilted toward U.S. financial and technology stocks, offering limited diversification across other sectors and regions.
BKCH vs. SPDR S&P 500 ETF (SPY)
AUM314.10M
RegionGlobal
Expense Ratio0.50%
Beta2.55
IssuerGlobal X
Inception DateJul 12, 2021
Dividend Yield1.72%
Asset ClassEquity
Index TrackedSolactive Blockchain Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume86,915
30 Day Avg. Volume85,733
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
109.08Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering33
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BKCH Summary
The Global X Blockchain ETF (BKCH) is an exchange-traded fund that follows the Solactive Blockchain Index, focusing on companies involved in blockchain and cryptocurrency-related businesses. It mainly holds U.S. stocks, including well-known names like Coinbase Global, along with several Bitcoin mining and digital infrastructure firms. Someone might consider investing in BKCH if they want targeted exposure to the potential growth of blockchain technology without picking individual crypto or tech stocks. However, this ETF is highly concentrated in a volatile niche, so its price can swing sharply and may rise or fall more than the overall stock market.
How much will it cost me?The Global X Blockchain ETF (BKCH) has an expense ratio of 0.50%, meaning you’ll pay $5 per year for every $1,000 invested. This is higher than average because it is actively managed to focus on the specialized blockchain sector, which requires more research and expertise compared to passively managed funds that track broader market indexes.
What would affect this ETF?The Global X Blockchain ETF (BKCH) could benefit from increased adoption of blockchain technology across industries and growing interest in cryptocurrencies, which may drive demand for companies in its portfolio. However, it faces risks from regulatory changes affecting cryptocurrency markets and potential volatility in the technology and financial sectors, which make up the majority of its holdings. Global economic conditions and interest rate changes could also impact the performance of its top holdings, such as Riot Platforms and Coinbase Global.
BKCH Top 10 Holdings
BKCH is essentially a high-octane bet on blockchain and crypto infrastructure, with most of its muscle in U.S.-listed miners and platforms. Names like TeraWulf, Hut 8, Riot Platforms, and Core Scientific have been rising lately, giving the fund a strong tailwind as crypto-related sentiment improves. Applied Digital and Cipher Mining are also helping, despite shaky underlying finances. On the flip side, Coinbase has been lagging and BitMine Immersion is losing steam, acting as brakes on performance. Overall, it’s a tightly concentrated, globally themed but U.S.-heavy blockchain play.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| IREN | 12.36% | $40.13M | $16.80B | 656.81% | 64 Neutral | |
| Applied Digital Corporation | 9.93% | $32.24M | $10.00B | 614.86% | 54 Neutral | |
| Coinbase Global | 9.92% | $32.20M | $52.75B | -4.18% | 68 Neutral | |
| BitMine Immersion Technologies | 8.12% | $26.36M | $11.90B | 169.38% | ― | |
| TeraWulf Inc | 6.43% | $20.87M | $9.66B | 609.60% | 50 Neutral | |
| Keel Infrastructure | 6.04% | $19.60M | $1.86B | 207.84% | 46 Neutral | |
| Hut 8 | 5.88% | $19.08M | C$11.67B | 469.70% | 56 Neutral | |
| Riot Platforms | 5.17% | $16.78M | $7.06B | 139.58% | 68 Neutral | |
| Core Scientific Inc | 4.99% | $16.18M | $6.59B | 156.07% | 46 Neutral | |
| Cipher Mining | 4.90% | $15.90M | $7.37B | 493.46% | 56 Neutral |
BKCH Technical Analysis
Positive
―
Price Trends
65.00
Positive
68.27
Positive
72.85
Positive
Market Momentum
2.89
Positive
58.88
Neutral
38.24
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BKCH, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 70.40, equal to the 50-day MA of 65.00, and equal to the 200-day MA of 72.85, indicating a bullish trend. The MACD of 2.89 indicates Positive momentum. The RSI at 58.88 is Neutral, neither overbought nor oversold. The STOCH value of 38.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BKCH.
BKCH Peer Comparison
Comparison Results
Performance Comparison
BKCH
Global X Blockchain ETF
74.22
37.18
100.38%
GII
SPDR S&P Global Infrastructure ETF
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BKGI
BNY Mellon Global Infrastructure Income ETF
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BUG
Global X Cybersecurity Etf
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WGMI
Valkyrie Bitcoin Miners ETF
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LEGR
First Trust Indxx Innovative Transaction & Process ETF
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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.
DisclaimerThis 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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