BKCH - ETF AI Analysis

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Global X Blockchain ETF (BKCH)

Rating:53Neutral

Price Target:―

BKCH, the Global X Blockchain ETF, has a mixed overall rating that reflects both promising growth stories and notable financial risks in its blockchain-focused holdings. Strong contributors like IREN, COIN, RIOT, and GLXY support the fund’s quality through strategic expansion, solid balance sheets, and growth in AI and digital assets, but several key positions such as APLD, WULF, and CORZ face profitability, cash flow, and debt challenges that weigh on the fund. The main risk factor is the ETF’s concentration in financially volatile, crypto- and blockchain-related companies, which can lead to significant performance swings and sensitivity to market and regulatory changes.

Positive Factors

Strong Year-to-Date Performance

The ETF has delivered strong gains so far this year, showing solid momentum in its blockchain-focused strategy.

Top Holdings Showing Strong Gains

Several of the largest positions, including key mining and digital asset companies, have posted strong year-to-date performance that supports the fund’s returns.

Focused but Some Geographic Diversification

While the ETF is mainly invested in U.S. companies, it also includes exposure to Canada and a few other markets, adding a modest layer of geographic diversification.

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.

Short-Term Performance Volatility

The fund’s recent three-month performance has been weak, highlighting that returns can swing sharply over short periods.

Narrow Sector Focus and Higher Fee

With most assets in financial and technology names tied to blockchain and a relatively high expense ratio, investors face both sector-specific risk and higher ongoing costs.

BKCH vs. SPDR S&P 500 ETF (SPY)

AUM248.24M

RegionGlobal

Expense Ratio0.50%

Beta2.53

IssuerGlobal X

Inception DateJul 12, 2021

Dividend Yield2.03%

Asset ClassEquity

Index TrackedSolactive Blockchain Index - Benchmark TR Net

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume92,187

30 Day Avg. Volume127,562

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

113.86

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering34

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 tied to blockchain and cryptocurrencies. It mainly holds U.S. financial and technology firms involved in crypto trading, mining, and related services. Well-known holdings include Coinbase Global and Riot Platforms. Someone might invest in BKCH if they want targeted exposure to the potential growth of blockchain and digital assets without picking individual crypto stocks. A key risk is that it is heavily tied to the volatile blockchain and crypto sector, so its price can swing sharply up or down.

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 a heavy tilt toward financial and mining names rather than traditional tech. Recent strength from IREN, Applied Digital, and Hut 8 has been powering the fund, as these miners and data-center players ride renewed interest in digital assets and high-performance computing. On the flip side, Coinbase has been lagging and BitMine Immersion has stumbled, acting like sandbags on performance. With holdings spread across U.S. and global crypto players, this ETF lives and dies by the swings of the blockchain ecosystem.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
APLD	Applied Digital Corporation	12.98%	$32.79M	$9.38B	266.36%	54 Neutral
IREN	IREN	12.67%	$32.02M	$13.59B	225.52%	64 Neutral
BMNR	BitMine Immersion Technologies	8.14%	$20.56M	$9.17B	217.58%	―
COIN	Coinbase Global	7.90%	$19.95M	$43.84B	-37.26%	68 Neutral
WULF	TeraWulf Inc	7.16%	$18.09M	$6.77B	242.80%	50 Neutral
HUT	Hut 8	7.02%	$17.73M	C$7.79B	161.05%	56 Neutral
CIFR	Cipher Mining	6.02%	$15.22M	$6.18B	178.30%	56 Neutral
CORZ	Core Scientific Inc	5.66%	$14.30M	$5.34B	43.99%	46 Neutral
RIOT	Riot Platforms	5.01%	$12.65M	$5.45B	26.73%	68 Neutral
GLXY	Galaxy Digital	4.01%	$10.14M	$8.32B	16.39%	70 Outperform

BKCH Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

71.79

Negative

100DMA

81.56

Negative

200DMA

68.28

Negative

Market Momentum

MACD

-3.27

Positive

RSI

41.85

Neutral

STOCH

59.59

Neutral

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 69.79, equal to the 50-day MA of 71.79, and equal to the 200-day MA of 68.28, indicating a bearish trend. The MACD of -3.27 indicates Positive momentum. The RSI at 41.85 is Neutral, neither overbought nor oversold. The STOCH value of 59.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BKCH.

BKCH Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
BKCH	―	―	$248.24M	0.50%	―
IVES	―	―	$961.01M	0.75%	―
BUG	―	―	$860.64M	0.51%	―
NUKZ	―	―	$827.57M	0.85%	―
WGMI	―	―	$204.36M	0.75%	―
LEGR	―	―	$127.82M	0.65%	―

Performance Comparison

BKCH

Global X Blockchain ETF

62.78

10.60

20.31%

IVES

Dan IVES Wedbush AI Revolution ETF

―

BUG

Global X Cybersecurity Etf

―

NUKZ

Range Nuclear Renaissance Index ETF

―

WGMI

Valkyrie Bitcoin Miners ETF

―

LEGR

First Trust Indxx Innovative Transaction & Process 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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