BLKC

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

$26.05
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Alerian Galaxy Global Blockchain Equity, Media and Entertainment Index.

Overview

ETF tracking Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

Category Crypto
Issuer Invesco
Inception Date 2021-10-07
Market Cap $6.5M
Average Volume N/A
Dividend Yield 20.98%
52-Week Range $16.31 - $32.54
VWAP $26.09

Performance

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Investment Summary

📎 Investment Objective

The Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Alerian Galaxy Global Blockchain Equity, Media and Entertainment Index.

🎯 Investment Strategy

The ETF invests at least 80% of its total assets in the securities that comprise the underlying index. The index is designed to track the performance of companies that are involved in the development and utilization of blockchain technology, including companies engaged in blockchain technology, digital payments, and decentralized applications.

✨ Key Features

  • Provides exposure to a diversified portfolio of companies involved in the blockchain ecosystem
  • Tracks the Alerian Galaxy Global Blockchain Equity, Media and Entertainment Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Exposure to the volatile cryptocurrency and blockchain technology sector
  • Concentration risk as the fund invests in a specific industry
  • Lack of long-term performance history to evaluate the fund's track record
  • Potential liquidity risks due to the fund's small asset size

👤 Best For

This ETF may be suitable for investors with a high-risk tolerance who are seeking exposure to the growing blockchain technology sector as part of a diversified portfolio. Investors should be aware of the fund's limited performance history and the inherent volatility of the underlying industry.