Global X Blockchain UCITS ETF

Issuer: Global X ETFs

Asset Class: Equity

TER: 50bps

Trading Currency: GBP

Pays Income: False

Listing Date: 25 Jan 2022

Ticker: BKCG

ISIN: IE000XAGSCY5

This fund seeks to capture the long-term growth potential of blockchain technology, a foundational innovation with applications extending far beyond its well-known use in cryptocurrencies. Blockchain acts as a decentralized and distributed digital ledger, offering enhanced security, transparency, and efficiency that could revolutionize numerous industries. Its potential to streamline processes and create new business models is being explored across sectors like finance, supply chain management, healthcare, and digital identity. This investment vehicle offers targeted exposure to the broader ecosystem enabling this technological shift, allowing investors to participate in what many believe could be the next generation of the internet.

The strategy provides a diversified portfolio of companies that are integral to the blockchain value chain. This includes firms involved in digital asset mining, which is crucial for securing and validating transactions on many blockchain networks. It also invests in companies that develop and implement blockchain-based applications and enterprise software, as well as those that produce the specialized hardware and semiconductors necessary for the ecosystem to function. This approach allows investors to gain exposure across various segments of the theme, from the core infrastructure providers to the end-user application developers, thereby mitigating single-company risk while aiming to capture the overall expansion of the blockchain industry.

As a thematic investment, this product is positioned for investors with a long-term horizon seeking high-growth opportunities. As more businesses and governments adopt blockchain solutions to improve operations and launch innovative services, the companies that facilitate this transition are expected to see significant demand. This fund offers a comprehensive and pure-play instrument for participating in the ongoing digitalization of the global economy, focusing on the pioneers and key enablers of this transformative technology.