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Strategies & Market Trends : Blockchain and Cryptocurrencies -- Ignore unavailable to you. Want to Upgrade?

To: Sdgla who wrote (283)1/18/2018 7:56:51 AM
From: w0z1 Recommendation

Recommended By
Claude Cormier

  Read Replies (1) | Respond to of 5028
As I read it, neither ETF is actually investing in blockchain coins, but indirectly in companies (e.g. IBM, Microsoft, etc) using the technology. Therefore they are not truly "blockchain" ETFs which the SEC noted in disallowing the term in their description. I'm not sure about the legal status of ETFs directly investing in coins, but I believe that day will eventually come. I know baskets of related coins (e.g. IoT, security, big cap, small cap etc) is one of the options ETHOS plans to offer eventually once their legal bases are covered.

Related to my Picks & Shovels (P&S) investing theme, this offering by Ledger (i.e. Ledger Wallets like the Nano S) is going the usual VC route. Too bad Ledger is not publicly available because it would be a great P&S investment IMHO.

To: Sdgla who wrote (283)1/18/2018 10:03:47 AM
From: Glenn Petersen  Respond to of 5028
The BLCN fact sheet:

BLCN ETF top holdings (As of 12/31/2017)

Company Country Weight (56 total positions)

1 Intel Corp USA 2.43%
2 Overstock.Com, Inc. USA 2.39%
3 Intl Business Mach USA 2.37%
4 Cisco Systems Inc USA 2.26%
5 Hitachi Ltd Rg Japan 2.23%
6 Microsoft Corp USA 2.19%
7 Hive Blckchn Tch Rg Canada 2.17%
8 SAP Se Ads USA 2.15%
9 SBI Holdings Rg Japan 2.13%
10 Barclays Plc Adr UK 2.08%

h/t Stock Watcher