Horizon Kinetics Blockchain Development ETF (BCDF)

Assets	$20.97M
Expense Ratio	0.85%
PE Ratio	19.31
Shares Out	675,000
Dividend (ttm)	$0.76
Dividend Yield	2.42%
Ex-Dividend Date	Dec 23, 2025
Payout Frequency	Annual
Payout Ratio	43.02%

Volume	1,650
Open	31.30
Previous Close	31.44
Day's Range	31.30 - 32.07
52-Week Low	25.52
52-Week High	36.27
Beta	0.78
Holdings	37
Inception Date	Aug 1, 2022

About BCDF

Fund Home Page

The Horizon Kinetics Blockchain Development ETF (BCDF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed to broadly invest in blockchain development companies of any market capitalization from around the world. BCDF was launched on Aug 1, 2022 and is issued by Horizon Kinetics.

• Asset Class: Equity
• Category: Digital Assets
• Stock Exchange: NYSEARCA
• Ticker Symbol: BCDF
• ETF Provider: Horizon Kinetics

Top 10 Holdings

58.25% of assets

Name	Symbol	Weight
Cboe Global Markets, Inc.	CBOE	7.54%
Urbana Corporation	UBAAF	7.18%
US BANK MMDA - USBGFS 7	n/a	6.92%
Singapore Exchange Limited	S68	6.45%
TMX Group Limited	X	5.43%
Intercontinental Exchange, Inc.	ICE	5.21%
CACI International Inc	CACI	5.16%
Deutsche Börse AG	DB1	4.99%
Nasdaq, Inc.	NDAQ	4.78%
Hawaiian Electric Industries, Inc.	HE	4.60%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$0.76326	Dec 24, 2025
Dec 24, 2024	$0.45302	Dec 26, 2024
Dec 27, 2023	$0.16997	Dec 29, 2023
Dec 28, 2022	$0.05244	Dec 30, 2022
Sep 28, 2022	$0.0219	Sep 30, 2022

Performance

BCDF had a total return of 22.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.59%.