BKCH

Blockchain ETF

Overview Prices & Performance Holdings & Characteristics Documents

Reasons to Consider BKCH

High Growth Potential

The global blockchain market was valued at over $17bn in 2023, with forecasts suggesting it could expand at a compound annual growth rate of nearly 88%, to more than $1.4tn by 2030.¹

Global Tailwinds

Although many blockchain use cases today are financial, non-financial applications such as content ownership and digital identity are expanding, highlighting the potential of this technology.

Unconstrained Approach

This theme is bigger than just cryptocurrency. BKCH invests accordingly, with global exposure across multiple sectors and industries.

¹Grand View Research, Sep 2023

Key Information As of 11/20/24

Inception Date	07/12/21
Total Expense Ratio	0.50%
Net Assets	$211.50 million
NAV	$66.39

ETF Summary

The Global X Blockchain ETF (BKCH) seeks to invest in companies positioned to benefit from the increased adoption of blockchain technology, including companies in digital asset mining, blockchain & digital asset transactions, blockchain applications, blockchain & digital asset hardware, and blockchain & digital asset integration.

ETF Objective

The Global X Blockchain ETF (BKCH) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Blockchain Index.

Trading Details As of 11/20/24

Ticker	BKCH
B3 Trading Code	BKCH39
Bloomberg Index Ticker	SOLBKCH
CUSIP	37960A735
ISIN	US37960A7357
Primary Exchange	Nasdaq
Shares Outstanding	3,185,860
Number of Holdings	28
30-Day Median Bid-Ask Spread	0.50%

Distributions As of 11/20/24

30-Day SEC Yield	-0.42%
Distribution Frequency	Semi-Annually

ETF Prices As of 11/20/24

NAV	$66.39	Daily Change	$0.25	0.38%
Market Price	$66.38	Daily Change	$0.21	0.32%

Cumulative Returns (as of 10/31/24)	1 Month	6 Months	YTD	12 Months	24 Months	Since Inception	Inception Date
Return BKCH	8.40%	29.38%	10.58%	120.97%	221.06%	-44.80%	07/12/21

Returns (as of 11/19/24)	Return BKCH	Return Index
Since Inception	-28.70%	-31.43%
12 Months	119.54%	118.84%
24 Months	314.65%	306.80%
Last 60 Trading Days	38.08%	37.85%
Last 75 Trading Days	55.94%	55.75%

Monthly Returns (through 11/19/24)	Return BKCH	Return Index
Nov 2024	29.15%	28.90%
Oct 2024	8.40%	8.41%
Sep 2024	8.82%	8.83%
Aug 2024	-15.41%	-15.39%
Jul 2024	0.56%	0.55%
Jun 2024	14.40%	14.34%
May 2024	12.73%	12.73%
Apr 2024	-22.31%	-22.33%
Mar 2024	7.90%	7.86%
Feb 2024	38.97%	38.95%
Jan 2024	-26.63%	-26.65%
Dec 2023	53.71%	53.69%
Nov 2023	30.01%	29.94%
Oct 2023	1.77%	1.77%
Sep 2023	-16.13%	-16.19%
Aug 2023	-27.85%	-27.88%
Jul 2023	25.21%	25.19%
Jun 2023	19.93%	19.82%
May 2023	9.34%	9.01%
Apr 2023	6.42%	6.24%
Mar 2023	10.31%	10.15%
Feb 2023	-4.59%	-4.82%
Jan 2023	63.86%	63.43%
Dec 2022	-21.72%	-21.86%
Nov 2022	-29.18%	-29.53%

Total returns take into account management, administration and fees and other costs automatically deducted from the fund's assets. Before investing, you may read the prospectus in the “FEES AND EXPENSES” section for more details.

NAV & Index Chart

Net Assets (%)	Ticker	Name	Country	SEDOL	Market Price ($)	Shares Held	Market Value ($)
14.38	COIN	COINBASE GLOBA-A	United States	BMC9P69	320.01	95,042	30,414,390.42
12.22	MARA	MARA HOLDINGS INC	United States	BLR7B52	22.63	1,142,243	25,848,959.09
11.89	CORZ	CORE SCIENTIFIC INC	United States	BN70TG2	17.26	1,457,406	25,154,827.56
8.71	RIOT	RIOT PLATFORMS INC	United States	BD9F675	12.15	1,515,890	18,418,063.50
5.64	HUT CN	HUT 8 CORP	Canada	BQQ8805	24.38	488,895	11,916,946.52
5.08	CLSK	CLEANSPARK INC	United States	BJDRX78	14.00	767,933	10,751,062.00
4.58	GLXY CN	GALAXY DIGITAL HOLDINGS	Canada	BD5H1G9	17.29	560,280	9,688,691.70
4.12	CIFR	CIPHER MINING INC	United States	BMZ8604	6.51	1,337,160	8,704,911.60
3.90	WULF	TERAWULF INC	United States	BNBRMS2	7.20	1,144,366	8,239,435.20
3.89	BITF CN	BITFARMS LTD/CANADA	Canada	BGMG7B7	2.16	3,805,528	8,232,721.58
3.77	IREN	IRIS ENERGY LTD	United States	BMQ80V2	10.10	789,300	7,971,930.00
3.76	APLD	APPLIED DIGITAL CORP	United States	BMCNFN8	8.76	907,512	7,949,805.12
3.11	BTBT	BIT DIGITAL INC	United States	BMH6DN8	4.05	1,624,244	6,578,188.20
2.54	CAN	CANAAN INC	United States	BL4PZ46	1.67	3,221,120	5,379,270.40
2.04	HOOD	ROBINHOOD MARKETS INC - A	United States	BP0TQN6	36.08	119,659	4,317,296.72
1.89	SQ	BLOCK INC	United States	BYNZGK1	89.70	44,585	3,999,274.50
1.64	8473 JP	SBI HOLDINGS INC	Japan	6309466	22.83	151,990	3,470,680.10
1.58	NVDA	NVIDIA CORP	United States	2379504	145.89	22,862	3,335,337.18
1.37	HIVE CN	HIVE DIGITAL TEC	Canada	BM9HHB5	4.13	700,864	2,892,327.52
1.14	BKKT	BAKKT HOLDINGS INC	United States	BMDLW29	31.61	76,488	2,417,785.68
0.88	NB2 GR	NORTHERN DATA AG	Germany	BWT5WX6	35.87	51,589	1,850,741.06
0.51	ADE GR	BITCOIN GROUP SE	Germany	BBCR986	68.59	15,787	1,082,882.60
0.42	JTS-R TB	JASMINE TECH-NVD	Thailand	B1DRQ73	1.97	447,800	880,188.64
0.41	863 HK	OSL GROUP LTD	Hong Kong	BKPSJS9	0.93	923,900	858,199.65
0.40	SDIG	STRONGHOLD DIG-A	United States	BNBXNX2	5.15	162,319	835,942.85
0.16		CASH	United States		1.00	347,725	347,724.58
0.00		BRITISH STERLING POUND	United States		1.29	0	0.18
-0.02		OTHER PAYABLE & RECEIVABLES	United States		1.00	-38,230	-38,229.83

Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 11/19/24

Return on Equity	-1.60%
Weighted Avg. Market Cap	19,030 M
	2023	2024
Price-to-earnings	-21.31	-171.35
Price-to-book value	2.71	2.75

Source: AltaVista Research, LLC

ETF Risk Stats As of 10/31/24

Versus	Beta
S&P 500	1.41
MSCI EAFE	2.32
MSCI Emg. Mkts	1.80
Standard Deviation	150.50%

Source: AltaVista Research, LLC

ETF Documents

Latest Premium / Discount As of 11/20/24

NAV	$66.39
Market Price	$66.38
Premium / (Discount)	-$0.01

Current View 2024 Q4 As of 11/20/24

Days at Premium	19
Days at NAV	0
Days at Discount	18
Greatest Premium	0.69%
Greatest Discount	-0.71%

Daily Premium / Discount History As of 11/20/24

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How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Global X Brasil Gestora de Investimentos Ltda. (“Global X Brasil”) is an asset manager authorized by the Brazilian Securities and Exchange Commission (“CVM”), constituted in the form of CVM Resolution No. 21/2021. Investing involves risks. The material on this site is for informational purposes only and does not constitute investment advice, recommendation, offer or solicitation to buy or sell any securities, funds, or strategies to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be illegal under the securities laws of such jurisdiction. Opinions expressed here are subject to change without notice. Reliance upon the information contained in this material is at the sole discretion of the reader. No securities regulator has confirmed the accuracy of any information contained herein. Access to the information on this site or the use of the services or information provided herein is prohibited by any person or entity in any jurisdiction or country where such distribution or use is contrary to local law, rules, or regulation. Investment in index funds (ETFs) involves risks, including detachment from the benchmark index and related to the liquidity of shares in the secondary market. Investment funds managed by Global X Brasil use strategies that can result in significant equity losses for their quota holders. Global X Brasil, its partners and employees are exempt of responsibility for any damages resulting directly or indirectly from the use of the information contained on this website.

FOR EVALUATION OF THE PERFORMANCE OF AN INVESTMENT FUND, IT IS RECOMMENDED THE ANALYSIS OF AT LEAST 12 (TWELVE) MONTHS. INVESTMENT FUNDS DO NOT HAVE A GUARANTEE FROM THE ADMINISTRATOR, THE MANAGER, ANY INSURANCE MECHANISM OR CREDIT GUARANTEE FUND – FGC. INVESTMENTS IN FINANCIAL AND CAPITAL MARKETS ARE SUBJECT TO RISKS OF LOSS GREATER THAN THE TOTAL VALUE OF INVESTED CAPITAL. PAST PROFITABILITY DOES NOT REPRESENT A GUARANTEE OF FUTURE PROFITABILITY THE PROFITABILITY DISCLOSED IS NOT NET OF TAXES. READ THE PROSPECTUS, THE FORM OF COMPLEMENTARY INFORMATION, SHEET OF ESSENTIAL INFORMATION AND THE REGULATION BEFORE INVESTING. DESCRIPTION OF THE ANBIMA TYPE AVAILABLE IN THE FORM OF COMPLEMENTARY INFORMATION.