Top Blockchain ETFs To Invest In 2019: Best DLT-Based Exchange-Traded Funds
Many conservative and institutional investors are currently waiting for the launch of the Bitcoin ETF. Unfortunately, that won’t be happening for a while, as it’s not quite ready yet.
However, if you’d like alternative blockchain ETFs to invest in this year, you should seriously give some thought to the alternative best blockchain ETFs available to you for investment right now.
These can serve as an alternate means of investing in the crypto and blockchain sector, and with considerably lesser risks. Adding these to your blockchain investment portfolio will not only serve to diversify them, but also help improve robustness.
Top Blockchain ETFs To Invest In 2019
Smart investors understand the importance of having assets with varying properties, features and risks. These ETFs are great and will serve as solid additions to your investment portfolio.
First Trust Indxx Innovative Transaction & Process ETF (LEGR)
Launched in January 2018, and issued by First Trust, this is an ETF that’s primarily focused on investing in blockchain companies and technologies around the globe.
The company researches, identifies and picks the best and most promising blockchain tech with stocks, and invests in them. Therefore, investors in the First Trust Indxx Innovative Transaction & Process ETF, will be essentially investing vicariously through the ETF.
The work is essentially done for any investor, as they only have to get in on a moving train. It is currently considered one of the best ETFs in the industry, thanks to its pretty significant holdings in Intel, Paypal, Oracle, Swisscom and Xilinx.
Amplify Transformational Data Sharing ETF (BLOK)
Launched in January 2018 by Amplify, the Amplify Transformational Data Sharing ETF is an active investor in blockchain and data sharing tech and companies. Their focus is particularly on radical but practical technologies with a huge disruptive potential.
The companies they invest in are known for their excellent transformational blockchain products and services. This is an actively managed fund that seeks out and invests in global tech firms in North America and Asia, which are actively developing or deploying enterprise based blockchain tech.
The fund’s portfolio currently includes Digital Garage, Overstock, SBI Holdings, GMO Internet and Square.
Reality Shares Nasdaq NexGen Economy ETF (BLCN)
Also launched in January 2018, and issued by Reality Shares, this fund is actively involved in identifying high potential blockchain companies or firms deploying very promising blockchain tech in North America and Asia.
However, unlike the first two, that are actively managed, this is passively managed and not as robust as the first two. Their holdings though are pretty impressive, with companies like Xilinx, Alibaba, Intel, ZTE and Red Hat in their portfolio.
Innovation Shares NextGen Protocol ETF (KOIN)
Launched on the 30th of January 2018, and issued by Exchange Traded Concepts, the fund effectively tracks the Innovation Labs Blockchain Innovators Index.
The Innovation Labs Blockchain Innovators Index is an AI powered technology that tracks and identifies firms across the globe that are focused on the development and deployment of impressive blockchain solutions.
However, the bulk of the fund’s holdings include US based blockchain stocks like Amazon, MasterCard, Intel, Visa and Taiwan Semiconductor Manufacturing.
REX BKCM ETF Exchange Traded Concepts (BKC)
Launched in May 2018, the REX BKCM ETF is a fund that’s focused on investing in blockchain or crypto based firms. Another actively managed fund, its holdings largely include that of companies in the US and Asia.
Some of the stocks in its portfolio include Rakuten, Taiwan Semiconductor Manufacturing, Square, CME Group and Signature Bank.
Reality Shares Nasdaq NexGen Economy China ETF (BCNA)
Another offering by Reality Shares, this was launched in June 2018. It primarily tracks the Reality Shares Nasdaq Blockchain China Index, a list if Chinese companies that are invested in, deploying or developing blockchain tech.
Unlike the other funds that are largely invested in US and North America based holdings, this is primarily targeted at blockchain firms based in China and Hong Kong. This is why they have only Asian companies in their holdings. Some of which include ZTE, Hundsun, Tencent, Alibaba and YGsoft.