BKCH - ETF AI Analysis
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Global X Blockchain ETF (BKCH)
Rating:53Neutral
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)
AUM245.11M
RegionGlobal
Expense Ratio0.50%
Beta2.64
IssuerGlobal X
Inception DateJul 12, 2021
Dividend Yield1.86%
Asset ClassEquity
Index TrackedSolactive Blockchain Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume119,932
30 Day Avg. Volume118,692
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
110.63Price 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 miners and crypto infrastructure, with most of its muscle in financial and tech names tied to Bitcoin. Winners like Hut 8, Riot Platforms, Cipher Mining, and Cleanspark have been powering the fund higher, riding a strong wave in mining and high-performance computing. IREN has also been a steady engine, helped by its big cloud partnership. On the flip side, Coinbase, Circle, and BitMine are losing steam, acting as a drag. With a global mix but a tight cluster around crypto mining, this ETF lives and dies by the crypto cycle.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| IREN | 10.78% | $30.07M | $21.40B | 433.49% | 64 Neutral | |
| Coinbase Global | 10.05% | $28.02M | $43.01B | -46.41% | 68 Neutral | |
| Circle Internet Group, Inc. Class A | 7.83% | $21.85M | $19.94B | -69.65% | 64 Neutral | |
| Hut 8 | 6.80% | $18.96M | C$19.85B | 685.66% | 56 Neutral | |
| Riot Platforms | 5.83% | $16.27M | $10.63B | 208.84% | 68 Neutral | |
| BitMine Immersion Technologies | 5.79% | $16.15M | $9.19B | 260.45% | ― | |
| Cipher Mining | 5.69% | $15.86M | $11.94B | 697.17% | 56 Neutral | |
| TeraWulf Inc | 5.34% | $14.89M | $14.36B | 693.00% | 50 Neutral | |
| MARA Holdings | 5.20% | $14.52M | $5.42B | 4.72% | 64 Neutral | |
| Core Scientific Inc | 5.15% | $14.35M | $9.27B | 156.21% | 46 Neutral |
BKCH Technical Analysis
Negative
―
Price Trends
82.52
Negative
72.99
Negative
77.83
Negative
Market Momentum
-2.70
Positive
32.43
Neutral
4.93
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 81.02, equal to the 50-day MA of 82.52, and equal to the 200-day MA of 77.83, indicating a bearish trend. The MACD of -2.70 indicates Positive momentum. The RSI at 32.43 is Neutral, neither overbought nor oversold. The STOCH value of 4.93 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
68.65
13.70
24.93%
IHAK
iShares Cybersecurity & Tech ETF
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GII
SPDR S&P Global Infrastructure ETF
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UFO
Procure Space 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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