BLOK: Blockchain ETF Set up for Ultimate Bearish DeclineThe BLOK ETF in a Type 2 HOP Return of the Local Bearish Crab has rammed into the PCZ of a Bearish 5-0 with RSI Bearish Divergence and now seems to be prepared to go for a lower low which would align with Bearish reversals in MSTR, COIN and other similar stocks such as CLSK and MARA.
Key stats
About Amplify Transformational Data Sharing ETF
Home page
Inception date
Jan 16, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Amplify Investments LLC
Distributor
Foreside Fund Services LLC
BLOK seeks total return by investing in companies developing or using what it calls “transformational data sharing technologies”,” mostly focusing on blockchain technology. Blockchain, which is the technology that drives Bitcoin, is a distributed, peer-to-peer ledger that facilitates recording transactions and tracking assets in a business environment. The fund further classifies eligible companies into two groups: core, with 70% weight, are firms that derive direct revenue from developing or profitably deploying data sharing technologies, and secondary, having the remaining 30% of the portfolio, are those that have partnered with or invested in such firms. The fund’s active manager may select companies from any country or industry.
Classification
What's in the fund
Exposure type
Technology Services
Finance
Stock breakdown by region
Top 10 holdings
Bearish Crab Visible on the Crypto/Blockchain ETFBLOK is an ETF aimed at holding many Crypto and Blockchain related stocks, some of its top holdings include COIN, MSTR, MARA, RIOT, and SBI Holdings. There was a time in late 2021 where it had topped out at the PCZ of a Bearish Gartley/Bat confluence zone depending on how you plotted it and it has s
BLOK @accumulation support also suggest a shortterm low for BTCBLOK is an ETF that includes MSTR, & miners like MARA & RIOT which have also risen recently specially MSTR.
This meaningful bounce at an important support zone suggest a shortterm low & probably a reversal. However, considering the damage, it will take quite a while to repair this chart before any h
BLOK basing after M-pattern: a bullish play on cryptos & minersBLOK after completing a big M-pattern is consolidating inside a DARVAS box. The bottom of this box
brings us back to Dec2020 right before the launch of the big rally to ATH, which offers an attractive buy point with very low risk to reward ratio provided a cutloss is in place.
Bouncing from the bott
BLOK - OSTK -BITW -NVDA Crypto Related Stocks just cleared CloudThese are the next Crypto Related Stocks that just cleared the Green cloud with the cloud moving up. OSTK the cloud is diminishing but I think it has room to go up still. Other than that on all of these I would look for a pull back to atleast half of the last Green candle move over the last 24
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Summarizing what the indicators are suggesting.
Oscillators
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Oscillators
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Summary
Neutral
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Summary
Neutral
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Summary
Neutral
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BLOK trades at 48.38 USD today, its price has fallen −1.12% in the past 24 hours. Track more dynamics on BLOK price chart.
BLOK net asset value is 48.36 today — it's risen 20.18% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BLOK assets under management is 901.28 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BLOK price has risen by 22.02% over the last month, and its yearly performance shows a 44.85% increase. See more dynamics on BLOK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 20.18% over the last month, showed a 15.47% increase in three-month performance and has increased by 53.23% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 20.18% over the last month, showed a 15.47% increase in three-month performance and has increased by 53.23% in a year.
BLOK fund flows account for −20.64 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BLOK invests in stocks. See more details in our Analysis section.
BLOK expense ratio is 0.76%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BLOK isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BLOK technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BLOK shows the strong buy signal. See more of BLOK technicals for a more comprehensive analysis.
Today, BLOK technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BLOK shows the strong buy signal. See more of BLOK technicals for a more comprehensive analysis.
Yes, BLOK pays dividends to its holders with the dividend yield of 5.35%.
BLOK trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BLOK shares are issued by Amplify Holding Co. LLC
BLOK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 16, 2018.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.