Global X Blockchain ETF (BKCH) is an exchange-traded fund that seeks to provide investment results corresponding generally to the price and yield performance, before fees and expenses, of the Solactive Blockchain Index. The fund invests in companies positioned to benefit from increased adoption of blockchain technology across categories including digital asset mining; blockchain and digital asset transactions, such as exchanges, custodians, and wallets; blockchain applications; blockchain and digital asset hardware; and blockchain and digital asset integration. It offers exposure to a concentrated portfolio of 25 to 40 primarily pure-play companies, weighted by market capitalization with caps on individual holdings, and maintains significant allocations to financials (63.3%) and information technology (34.3%) sectors.
Launched on July 12, 2021, and domiciled in the United States, BKCH trades on the Nasdaq with net assets exceeding $330 million and a net expense ratio of 0.50%. The ETF is issued and managed by Global X Management Company LLC, a subsidiary of Mirae Asset Global Investments, with Wayne Xie and Vanessa Yang as portfolio managers since inception.
Recent developments include portfolio adjustments reflecting blockchain sector growth, such as increased weighting toward high-performing holdings like Coinbase Global Inc. (13.39%), Bitmine Immersion Technologies (11.84%), and IREN Limited (10.48%) as of late 2025, alongside sustained inflows driven by cryptocurrency market rallies following regulatory advancements and President Trump's reelection. The fund has exhibited high volatility with a standard deviation of 80.20% and betas significantly elevated versus major indices like the S&P 500 (4.81), underscoring its sensitivity to digital asset prices, particularly bitcoin.