ETF: AMPLIFY TRANSFORMATIONAL DATA SHARING (NYSE:BLOK)
Exposure: Blockchain
5 top holdings (2/16/2018)
Taiwan Semiconductor (6.3%)
- Semiconductor manufacturer = crypto mining hardware demand
- Blockchain products for Japanese Market = early mover in huge market
- Graphics Processing Unit manufacturer = altcoin mining demand
- tZERO Distributed Ledger Platform = capital markets trading volume
- Cash App = easy and entry level means to buy and sell bitcoin
Hive Blockchain Technology (2.88%)
- Digital asset mining = bitcoin, ethereum, litecoin
- Multi-faceted blockchain play = BCash mining and ICO development
As an active ETF BLOK provides diverse blockchain exposure to companies identified from Amplify’s research with long term stability and additional potential upside as the foundation of the ETF.
BLOK’s core is Large Cap plays while mixing in outstanding growth opportunities through Small and Mid-Cap up and comers leveraging blockchain technology to deliver their products and services.
Investors intrigued by the technology can consider BLOK as a means to gain exposure to blockchain technology and the institutions racing to position themselves as leaders in the space.
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