BLOK

Amplify Blockchain Technology ETF

$59.79
+0.00%
Market closed. Last update: 11:40 PM ET

📎 Investment Objective

The Amplify Transformational Data Sharing ETF (BLOK) seeks to provide investment results that correspond generally to the performance of the Amplify Transformational Data Sharing Index, which is designed to provide exposure to companies actively involved in the development and utilization of blockchain technologies.

Overview

ETF tracking Amplify Blockchain Technology ETF

Category Crypto
Issuer Other
Inception Date 2018-01-17
Market Cap $1.3B
Average Volume N/A
Dividend Yield 4.33%
52-Week Range $32.56 - $74.10
VWAP $60.28

Performance

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Investment Summary

📎 Investment Objective

The Amplify Transformational Data Sharing ETF (BLOK) seeks to provide investment results that correspond generally to the performance of the Amplify Transformational Data Sharing Index, which is designed to provide exposure to companies actively involved in the development and utilization of blockchain technologies.

🎯 Investment Strategy

The fund invests at least 80% of its net assets (including investment borrowings) in the component securities of the index. The index is composed of equity securities and depositary receipts of companies across a wide variety of industries that are involved in the research, development, or utilization of blockchain technologies.

✨ Key Features

  • Provides exposure to companies at the forefront of blockchain technology development and adoption
  • Diversified portfolio across multiple industries and geographies
  • Actively managed to capture emerging blockchain-related opportunities
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Investing in a relatively new and emerging technology sector, which may be subject to rapid changes and high volatility
  • Potential for increased regulatory scrutiny or restrictions on blockchain-related activities
  • Concentration risk as the fund is focused on a specific industry
  • Limited operating history and performance track record for the fund

👤 Best For

The Amplify Transformational Data Sharing ETF may be suitable for investors with a long-term investment horizon and a higher risk tolerance who are seeking exposure to the growth potential of the blockchain technology sector. Investors should be aware of the fund's higher volatility and limited performance history.