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BKCH - ETF AI Analysis
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Global X Blockchain ETF (BKCH)
Rating:50Neutral
Price Target:―
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)
AUM365.35M
RegionGlobal
Expense Ratio0.50%
Beta2.50
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. Volume102,247
30 Day Avg. Volume136,134
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
124.17Price 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 (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 heavily concentrated in blockchain and cryptocurrency-related companies, with a strong tilt toward financial and technology sectors. Coinbase is steady but losing momentum due to rising expenses, while BitMine Immersion Technologies is rising, buoyed by strategic growth. Applied Digital is a standout performer, riding bullish momentum despite profitability concerns. Meanwhile, Galaxy Digital and Riot Platforms are lagging, weighed down by market volatility and operational challenges. With global exposure, BKCH offers a bold bet on blockchain innovation, though its reliance on volatile names could make for a bumpy ride.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| IREN | 11.80% | $42.14M | $14.96B | 315.27% | 64 Neutral | |
| Coinbase Global | 11.76% | $41.98M | $66.23B | -5.10% | 68 Neutral | |
| BitMine Immersion Technologies | 10.70% | $38.19M | $13.32B | 424.30% | ― | |
| Applied Digital Corporation | 9.07% | $32.37M | $10.53B | 285.28% | 54 Neutral | |
| Hut 8 | 6.84% | $24.42M | C$8.68B | 137.79% | 56 Neutral | |
| Cipher Mining | 5.15% | $18.39M | $6.54B | 232.33% | 56 Neutral | |
| TeraWulf Inc | 4.81% | $17.19M | $5.38B | 137.78% | 50 Neutral | |
| Riot Platforms | 4.61% | $16.46M | $5.63B | 26.08% | 68 Neutral | |
| Core Scientific Inc | 4.50% | $16.08M | $5.17B | 18.80% | 46 Neutral | |
| Galaxy Digital | 4.37% | $15.60M | $9.97B | 36.29% | 70 Outperform |
BKCH Technical Analysis
Positive
―
Price Trends
78.36
Negative
80.29
Negative
63.11
Positive
Market Momentum
-1.26
Negative
52.23
Neutral
76.19
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 70.17, equal to the 50-day MA of 78.36, and equal to the 200-day MA of 63.11, indicating a neutral trend. The MACD of -1.26 indicates Negative momentum. The RSI at 52.23 is Neutral, neither overbought nor oversold. The STOCH value of 76.19 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
74.32
22.45
43.28%
IVES
Dan IVES Wedbush AI Revolution ETF
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CGW
Invesco S&P Global Water Index 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.
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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