Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC)
| Assets | n/a |
| NAV | n/a |
| Expense Ratio | n/a |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | $0.41 |
| Dividend Yield | 4.17% |
| Ex-Dividend Date | n/a |
| 1-Year Return | -61.80% |
| Volume | 3,386 |
| Open | 9.96 |
| Previous Close | 9.88 |
| Day's Range | 9.88 - 10.07 |
| 52-Week Low | 9.76 |
| 52-Week High | 31.04 |
| Beta | n/a |
| Holdings | 61 |
| Inception Date | Oct 7, 2021 |
About BLKC
The fund generally will invest at least 80% of its total assets in the securities that comprise the underlying index. The underlying index is comprised of two different components: (i) stocks of companies that are materially engaged in the research and development of blockchain technology, cryptocurrency mining, cryptocurrency buying, or cryptocurrency enabling technologies; and (ii) ETPs and private investment trusts traded over-the-counter that invest at least 75% of their assets in Bitcoin. The fund is non-diversified.
Top 10 Holdings
29.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Grayscale Bitcoin Trust | GBTC | 15.48% |
| Argo Blockchain PLC | ARB.L | 1.70% |
| Canaan | CAN | 1.61% |
| Tesla | TSLA | 1.59% |
| BHP Group Ltd | BHP.AX | 1.56% |
| Walmart | WMT | 1.55% |
| Texas Instruments | TXN | 1.54% |
| Nestle SA | NESN.SW | 1.53% |
| Salesforce.com | CRM | 1.53% |
| Samsung Electronics Co Ltd | 005930.KS | 1.53% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 19, 2022 | $0.06385 | Sep 23, 2022 |
| Jun 21, 2022 | $0.08464 | Jun 30, 2022 |
| Mar 21, 2022 | $0.1414 | Mar 31, 2022 |
| Dec 20, 2021 | $0.11885 | Dec 31, 2021 |
News
Bitcoin Rebound Must Blend Story, Utility, Says Expert
Prior bitcoin bull markets, which fueled epic gains for the largest digital currency, were largely powered by story, but the next bitcoin rally will need to be a more even mix of story and utility. That...
Ethereum Merge Could Have Implications for Crypto Equities
In the world of digital currency, bitcoin usually takes most of the headlines simply because it is the largest member of the space, as measured by market capitalization. As a result, crypto-correlated e...
Bitcoin Slump Could Be Nearing Its End
That headline comes with the caveat that pinpointing when bitcoin's slump will end is often a fool's errand, particularly this year. Still, some market observers believe that capitulation is near for th...
Peering Into Bitcoin/Equity Correlations
In financial market terms, bitcoin isn't an old asset, but its history is still widely studied. One of the primary observations regarding the largest digital currency is that in its early years, it wasn...
Is the Crypto Winter Over?
With modest signs of life last week, it appears that the crypto winter might be seeing some signs of spring, which is great news for funds like the Invesco Alerian Galaxy Crypto Economy ETF (SATO) and t...
When You Focus on the Pains in Growing Pains, You Overlook the Growth
The crypto winter continues to hound the industry, with Ethereum tumbling today as some less than stellar headlines weigh the industry down. It is important to remember that the technology and innovatio...
3 Reasons Crypto Has Stumbled and 1 Reason Why Crypto Spring is Inevitable
Back in November of 2021, Crypto had over $3 trillion in market capitalization. Today it sits at $850 billion, a 70% drop.
Gensler Says Bitcoin Could Be a Commodity
In an interview with CNBC, Securities and Exchange Commission Chairman Gary Gensler said that Bitcoin was the only cryptocurrency he was prepared to label a commodity rather than a security. “Many of th...
Crypto Winter Paves Way For Spring
The crypto winter has reached a new record cold snap, as the bad news bear market devours everything in sight. Bitcoin has dipped under $24K, and Ethereum prices have collapsed by 19%.
Curious About Crypto But Worried About Volatility? Try Investing in the Blockchain
The world of cryptocurrencies has been bludgeoned by bad news, leaving many potential investors wondering if the space is too risky. “Crazy profits have been made just about as much as losses in the ind...
Crypto Still Offers Diversity
Crypto's bad headlines may be making some investors shy, but a new infograph from Galaxy shows how digital assets can still be excellent diversifiers in these unusual times. Even factoring in the recent...
Binance Investment Arm Raised $500 Million to Invest in Web3 Startups
Despite crypto descending into a bear market, Binance has raised $500 million to start a venture capital fund focused on Web3. “Bear markets are often when the best opportunities come about, when people...
3 Reasons Why Advisors Are Adding BLKC and SATO to Portfolios
Invesco rolled out two ETFs last fall offering exposure to the cryptocurrency industry, each one giving investors exposure to different facets of the growing space. There are three key reasons why inves...
These 2 ETFs Offer Diversified Exposure to the Crypto Industry
Risk assets, including the crypto market, have shown broad weakness in recent history. Although bitcoin has outperformed most altcoins lately, with investors fleeing the smallest and most risky coins, ...
BLKC & SATO Offer Digital Assets Exposure With Less Volatility
The price of bitcoin is down 1% over the past seven days after being exposed to remarkably little volatility. Investing in bitcoin, however, is rarely this smooth.
Why Are Advisors Adding SATO & BLKC to Their Portfolios?
The widespread allocation to digital assets presents investors with many questions, particularly related to why they should be added to a portfolio. Diversification is a key reason why investors are cho...
BLKC & SATO Are Equal-Weighted: Here's Why That Matters
Investors looking to add digital assets exposure to their portfolios often forget to consider the weighting methodology behind the funds in consideration. The Invesco Alerian Galaxy Blockchain Users and...
Secretary Yellen Addresses Regulation of Digital Assets
Secretary of the Treasury Janet Yellen made the case that regulation, when it comes to digital assets, should be based on risks, not technologies. “Wherever possible, regulation should be ‘tech neutral.
3 Reasons Why Investors Are Adding Digital Assets Exposure
The widespread growth of digital assets presents investors with many questions, particularly related to why and how they should be added to a portfolio. There are three key reasons why investors are cho...
Which Invesco Crypto ETF Is Right for Your Portfolio?
Inveso rolled out two ETFs last fall offering exposure to the cryptocurrency industry, each one giving investors exposure to different facets of the growing space. The two funds include the Invesco Aler...
President Biden Issues Executive Order on Cryptocurrencies, Crypto Gains
President Biden has finally announced the executive order regarding digital assets, which has been much anticipated since the White House decided to spearhead the issues surrounding crypto regulation, r...
Bitcoin Surges as New Sanctions Hit Russia
Bitcoin surged up 9.8% to $41,548.50 on the heels of new sanctions against Russia's central bank. Ether was also up 7.5%.
Blockchain Technology Set to Revolutionize the Lending Industry
Thanks to blockchain technology, the lending industry could undergo its own technological revolution. The Government National Mortgage Association, or Ginnie Mae, is experimenting with blockchain to det...
What GBTC's Potential Conversion Could Mean for SATO and BLKC
Grayscale Investments looking to convert its flagship Grayscale Bitcoin Trust (GBTC) to a spot bitcoin ETF could have huge implications for other spot bitcoin funds. After all, to date, the Securities a...
How Much Should Your Clients' Portfolios Allocate to Crypto?
Most advisors at this point have encountered questions regarding crypto from their clients. With increasingly greater adoption by institutional investors, the industry is slowly coming around to acknowl...