BLOK Profile
The
Amplify Transformational Data Sharing ETF (BLOK) is an exchange-traded
fund that seeks to provide investment results that correspond
generally to the price and yield performance, before fees and
expenses, of the Reality Shares Nasdaq Blockchain Economy Index. The
ETF invests in global companies that are actively engaged in
blockchain technology or research and development of blockchain
applications.
The index consists of companies that are involved
in various segments of the blockchain ecosystem, including
cryptocurrency exchanges, semiconductor firms, and companies that
provide software and services for blockchain-based platforms. The
ETF's holdings are selected and weighted based on a proprietary
scoring system that assesses each company's involvement in blockchain
technology and the potential impact of their blockchain-based products
and services on their respective industries.
As of March 23,
2023, some of the top holdings of BLOK include Square Inc,
PayPal Holdings
Inc, MicroStrategy Inc, and
NVIDIA
Corporation. The fund has an expense ratio of 0.71% and had net assets
of over $1.2 billion as of the same date. BLOK provides investors with
a way to gain exposure to the potential growth of the blockchain
industry without having to invest in individual companies. However, as
with all investments, investors should carefully consider their
investment objectives and risk tolerance before investing in BLOK or
any
|