Global X Blockchain ETF (BKCH)

Crypto's explosive 2025 rally has pushed ETFs like BKCH and STCE sharply higher, putting them in focus for investors before the year ends.

Global X Blockchain ETF (BKCH) remains a hold, with valuation concerns and mixed technicals despite outperforming the S&P 500 since the last review. BKCH is highly volatile, concentrated in Financials (80%+), and trades with poor liquidity; limit orders are advised for entry and exit. The ETF's P/E is in the 50s, while earnings growth has slowed to single digits, making the valuation case challenging.

On October 10, 2025, the crypto markets experienced a “flash crash” that caused bitcoin to erase this year's gains and drop 30% from its peak.

Before spot bitcoin ETFs launched (and even before futures bitcoin ETFs), crypto equity ETFs helped build early appetite for crypto. They were the first real taste of bitcoin that investors could get in their traditional brokerage accounts.

WGMI, BKCH, STCE, MNRS and SOLZ led last week's ETF winners as crypto and blockchain ETFs surged on strong Solana, Bitcoin and Ethereum gains.

A new era of regulation is bound to bring high hopes for the crypto bulls. House Republicans are now gearing up for “Crypto Week” — during which the committee has agreed to prioritize digital asset legislation and review several crypto-related bills.

Global X Blockchain ETF BKCH is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 174.1 % from its 52-week low price of $28.22/share.

The Global X Blockchain ETF is an active fund designed to provide investors exposure to companies that are involved in 'blockchain' technology. With $113 million in AUM and a 0.50% expense ratio, BKCH is competitive with similar products offered by Fidelity and VanEck. BKCH has a high turnover ratio and a 37% allocation to the top 3 stocks in the fund.

On this week's episode of ETF Prime, Roxanna Islam, CFA, CAIA, head of sector & industry research at VettaFi, joined host Nate Geraci. The two discussed top ETF performers and trends this year as well as long-established asset managers finally joining the ETF industry.

Wall Street strongly rebounded on cooling inflation data and solid earnings results from the financial sector.

Record-setting inflows into crypto funds, driven by Trump's re-election, have bolstered the Global X Blockchain ETF (BKCH), despite its small size and high valuation. BKCH's portfolio is concentrated, with top holdings like Coinbase and Riot Platforms, and features a high price-to-earnings ratio and significant non-US exposure. Bitcoin seasonality trends are bullish, but technical indicators suggest near-term risks, including a bearish RSI divergence and potential downside price gap.

The Global X Blockchain ETF is a buy due to its fair valuations and strong growth potential, driven by Bitcoin's bullish momentum. BKCH offers dual exposure to digital assets and blockchain technology, with a market-cap weighted structure and an expense ratio of 0.50%. Bitcoin's potential establishment as a strategic reserve by multiple countries could drive BKCH higher, despite short-term risks and bearish futures options.

The Global X Blockchain ETF (BKCH) offers diversified exposure to blockchain technology across multiple sectors, beyond just cryptocurrencies, with a focus on long-term growth potential. BKCH's top holdings include companies like TeraWulf, Marathon Digital, and Coinbase, providing a balanced mix of mining, trading, and infrastructure services. The fund is heavily weighted towards Information Technology (77.47%) and has a global reach, primarily focused on the US, Canada, Australia, and China.

Investing in blockchain stocks may elicit a hard pass from some investors who believe that this is a gateway into cryptocurrency. It is used in peer-to-peer transactions that are one of the core tenets of digital currency.

Bitcoin's ( BTC-USD ) surge past the $71,000 warrants a look at the best blockchain stocks to buy. Consistency is usually rare in financial markets, but recent movements in the Bitcoin ETF market point to a promising trend.

Investing in blockchain through cryptocurrencies is incredibly risky. The bulls will quickly point out that Bitcoin ( BTC-USD ) has delivered an earth-shattering return of more than 14,600% in the past decade.