Global X Blockchain ETF
BKCH (NASDAQ)
Global X Blockchain ETF (BKCH) offers investors exposure to blockchain-related companies, capitalizing on the sector's resurgence with an impressive 56.39% return over the past year. With a dividend yield of nearly 2%, this ETF is recognized with a consensus rating of Moderate Buy, bolstered by 26 buy recommendations and no sell ratings. Currently priced at 16.064 EUR, BKCH has shown a strong recent performance, gaining 2.03% in the last 24 hours.
Pros:
- Exposure to blockchain technology
- Strong 1-year return
Cons:
- High volatility risk
- Non-diversified fund
The Global X Blockchain ETF (BKCH) may be suitable for investors seeking exposure to the burgeoning blockchain sector, particularly those with a higher risk tolerance given its volatile past performance and mixed long-term returns. While its recent strong performance and dividend yield may appeal to growth-oriented investors, potential buyers should consider the inherent risks associated with investing in emerging technologies.
