Amplify Blockchain Technology ETF

BLOK

Valor de mercado US$ 978 mi

The Amplify Blockchain Technology ETF is rated Buy, leveraging the transition of crypto miners into AI data center hosting for long-term growth. BLOK's portfolio is diversified across miners, exchanges, and semiconductors, with 35% exposure to the AI investment theme and significant holdings in HUT, GLXY, CIFR, and WULF. Bitcoin miners are increasingly transitioning to AI data center hosting services, providing potential cash flow stability and reducing correlation to Bitcoin price movements.

Bitcoin jumped 4.6% to $72,475.25 – a roughly 12% gain over the past two days after the digital asset was trading near $63,000 earlier this week.

New Chinese AI Model Kimi K3 is raising questions for established players. Investors are questioning whether AI industry still has pricing power.

June saw strong performance in terms of readership across content hubs on ETF Database. The hottest topics ranged from news stemming from the SpaceX IPO to details related to the methodologies underlying certain ETFs.

Several ETFs have added exposure to Space Exploration Technologies (SPCX) after the aerospace giant completed the largest initial public offering in market history. Trading on the Nasdaq, SpaceX surged 19% from its initial $135 offering price to close at $160.95 per share, notching a historic $2.1 trillion valuation.

VettaFi's core mission is to provide the index and distribution solutions that help asset managers build, grow, and navigate the markets with precision. Last week we took a massive, transformational step forward.

Spot Bitcoin ETFs were supposed to be the simplest way to own crypto.

When advisors and investors think about cryptocurrency, “volatility” is typically the first word that comes to mind. However, the digital asset space has also delivered notable bright spots recently, including the expansion into AI infrastructure and a strong performance throughout the month of May.

Crypto equity ETFs (or blockchain ETFs) were once one of the main ways to access the crypto theme in an ETF wrapper. That changed after the January 2024 approval of spot bitcoin ETPs, which gave investors a simpler and more direct way to express a bitcoin view.

Bitcoin mining stocks have outperformed bitcoin itself this year; they're up over 20% versus spot BTC, which is down 11%. What is causing the current divergence between crypto and crypto mining performance?