Key stats
About Siren Nasdaq NexGen Economy ETF
Home page
Inception date
Jan 17, 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
SRN Advisors LLC
BLCN is one of the first ETFs to focus on blockchain technology. The fund tracks an index of global companies committed to blockchain development. Although not an active fund, the index committee has wide discretion in selecting companies. The main criteria used to evaluate a company is the level of material resources it has committed to researching, developing, supporting, and expanding the use of blockchain technology. All criteria are eventually rolled up to form the BlockChain Score. The index includes the 50-100 highest scoring companies, giving greater weight to higher-scoring companies. Because blockchain technology has uses across varying industries, BLCN could have exposure to multiple sectors. The index is reconstituted and rebalanced semi-annually. Note: The fund was acquired by SRN Advisors. Prior to November 23, 2020, the fund and index names were Reality Shares Nasdaq NexGen Economy ETF and Reality Shares Nasdaq Blockchain Economy Index, respectively.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Electronic Technology
Stocks97.61%
Technology Services36.66%
Finance27.22%
Electronic Technology20.05%
Commercial Services6.94%
Retail Trade4.03%
Producer Manufacturing2.71%
Bonds, Cash & Other2.39%
Mutual fund1.85%
Cash0.54%
Stock breakdown by region
North America70.78%
Asia22.75%
Europe3.71%
Oceania2.44%
Middle East0.32%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BLCN invests in stocks. The fund's major sectors are Technology Services, with 36.66% stocks, and Finance, with 27.22% of the basket. The assets are mostly located in the North America region.
BLCN top holdings are Block, Inc. Class A and Advanced Micro Devices, Inc., occupying 4.29% and 4.23% of the portfolio correspondingly.
BLCN last dividends amounted to 0.13 USD. The quarter before, the issuer paid 0.05 USD in dividends, which shows a 63.60% increase.
BLCN assets under management is 46.94 M USD. It's risen 8.34% over the last month.
BLCN fund flows account for −14.17 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.
Yes, BLCN pays dividends to its holders with the dividend yield of 0.57%. The last dividend (Jun 24, 2024) amounted to 0.13 USD. The dividends are paid quarterly.
BLCN shares are issued by SRN Advisors LLC under the brand Siren. The ETF was launched on Jan 17, 2018, and its management style is Passive.
BLCN expense ratio is 0.68% meaning you'd have to pay 0.68% of your investment to help manage the fund.
BLCN follows the Siren NASDAQ Blockchain Economy Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BLCN invests in stocks.
BLCN price has risen by 17.22% over the last month, and its yearly performance shows a −17.19% decrease. See more dynamics on BLCN price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.08% increase in three-month performance and has decreased by −15.50% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.08% increase in three-month performance and has decreased by −15.50% in a year.
BLCN trades at a premium (1.22%) meaning the ETF is trading at a higher price than the calculated NAV.