January 17th definitely had a mixed bag to offer to the world of blockchain. While on the one hand, and on a positive note, the day saw the first two blockchain-based ETFs; the Amplify Transformational Data Sharing ETF (BLOK) and the Reality Shares Nasdaq NexGen Economy ETF (BLCN) begin trading on US exchanges; on the other it witnessed a cryptocurrency market slump that took all major cryptocurrencies down with it.
We compared the two funds on various criteria, to arrive at the following similarities and distinctions. We also identified 5 key stocks that figure amongst the top 10 portfolio holdings of both these funds. With the cryptocurrency market down, we may see some investors making a move from the more volatile cryptocurrency market to the stock market. Here, stocks of companies that are invested in blockchain technology and its applications are likely to command special attention from blockchain enthusiasts.
Head to Head Comparison (Table)
The 5 stocks that made it to the top 10 holdings of both these funds:
1. Overstock (OSTK)
2. International Business Machines (IBM)
3. Hive Blockchain Technologies (HIVE.V) (HVBTF)
4. SAP SE (SAP)
5. SBI Holdings Inc (SBHGF)
Full article: Five Stocks That Blockchain ETFs BLOK and BLCN Are Both Invested In - Bitrazzi
Topic: [2018-01-18] BLOK vs BLCN: Head-to-Head Comparison of Blockchain-based ETFs (Read 117 times)
January 19, 2018, 01:27:32 AM
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