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BKCH - ETF AI Analysis
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Global X Blockchain ETF (BKCH)
Rating:56Neutral
Price Target:
$88.00
Positive Factors
Strong Top Holdings
Several top holdings, such as IREN and APLD, have delivered strong year-to-date performance, driving the ETF's gains.
Focused Sector Exposure
The ETF's heavy allocation to financial and technology sectors aligns with the blockchain industry's growth potential.
Reasonable Expense Ratio
The ETF charges a moderate expense ratio, making it relatively cost-effective for investors.
Negative Factors
High Geographic Concentration
The ETF is heavily concentrated in U.S.-based companies, limiting exposure to international blockchain opportunities.
Underperforming Holdings
Some holdings, such as COIN and MARA, have shown weaker year-to-date performance, which could drag on overall returns.
Sector Overweight Risk
With over 75% exposure to the financial sector, the ETF is vulnerable to downturns in this industry.
BKCH vs. SPDR S&P 500 ETF (SPY)
AUM305.59M
RegionGlobal
Expense Ratio0.50%
Beta2.40
IssuerGlobal X
Inception DateJul 12, 2021
Dividend Yield5.19%
Asset ClassEquity
Index TrackedSolactive Blockchain Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume177,732
30 Day Avg. Volume118,639
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
146.25Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering36
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BKCH Summary
The Global X Blockchain ETF (Ticker: BKCH) is an investment fund focused on companies leading the way in blockchain technology, which is a secure and decentralized way to store data. This ETF includes businesses involved in cryptocurrency mining, blockchain hardware, and digital applications. Some of its top holdings are well-known companies like Coinbase Global and Riot Platforms. Investors might consider BKCH for its potential to grow alongside the expanding blockchain industry. However, it’s important to know that this ETF is heavily tied to the tech and financial sectors, meaning its value can fluctuate significantly with changes in these industries.
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
The Global X Blockchain ETF (BKCH) is riding the wave of blockchain innovation, with a heavy focus on financial and technology sectors. Riot Platforms and Iris Energy are leading the charge, benefiting from strong technical momentum and strategic growth initiatives. Applied Digital and Cipher Mining are also contributing positively, though their financial challenges and cash flow issues temper their potential. On the flip side, Coinbase is lagging, weighed down by market volatility and valuation concerns. With a global mix of blockchain pioneers, this fund is concentrated in cryptocurrency mining and blockchain infrastructure, making it a bold bet on digital transformation.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| IREN | 13.20% | $38.55M | $13.40B | 369.26% | 69 Neutral | |
| Coinbase Global | 12.98% | $37.93M | $71.17B | -18.19% | 67 Neutral | |
| BitMine Immersion Technologies | 11.22% | $32.77M | $8.81B | 374.70% | ― | |
| Applied Digital Corporation | 7.24% | $21.15M | $6.41B | 149.34% | 42 Neutral | |
| Cipher Mining | 4.73% | $13.80M | $5.67B | 118.26% | 51 Neutral | |
| Hut 8 | 4.57% | $13.36M | C$5.72B | 52.97% | 56 Neutral | |
| Galaxy Digital | 4.40% | $12.85M | $9.81B | 31.86% | 70 Outperform | |
| TeraWulf Inc | 4.38% | $12.80M | $4.63B | 62.60% | 47 Neutral | |
| Riot Platforms | 4.31% | $12.60M | $5.16B | 13.61% | 65 Neutral | |
| Core Scientific Inc | 4.22% | $12.33M | $4.59B | -10.60% | 41 Neutral |
BKCH Technical Analysis
Negative
―
Price Trends
93.94
Negative
76.95
Negative
59.54
Positive
Market Momentum
-6.92
Positive
30.18
Neutral
5.49
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BKCH, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 94.65, equal to the 50-day MA of 93.94, and equal to the 200-day MA of 59.54, indicating a neutral trend. The MACD of -6.92 indicates Positive momentum. The RSI at 30.18 is Neutral, neither overbought nor oversold. The STOCH value of 5.49 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BKCH.
BKCH Peer Comparison
Comparison Results
Performance Comparison
BKCH
Global X Blockchain ETF
70.54
8.54
13.77%
CGW
Invesco S&P Global Water Index ETF
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CRBN
iShares MSCI ACWI Low Carbon Target ETF
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TAN
Invesco Solar ETF
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WGMI
Valkyrie Bitcoin Miners ETF
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LEGR
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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.
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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