iShares Blockchain Technology

ETF description

This ETF focuses on companies involved in blockchain technology. Blockchain is a digital system used to record transactions securely and transparently. It is most commonly associated with cryptocurrencies, but its applications extend to areas like supply chain management, digital security, and financial services.

This ETF may appeal to investors who have an interest in blockchain technology and its potential applications. Since blockchain is an emerging field, the companies in this ETF may experience changes in value based on new developments, regulations, or shifts in technology trends.

Issuer details

iShares ETFs are issued and managed by BlackRock, the world’s largest asset management company.

With 800+ products globally and over $2trn in assets (as at June 2024), iShares ETFs are a flexible, low‑cost way for investors to gain exposure to various market segments, including fixed income, emerging markets and broad‑based indexes.

Index details

The NYSE FactSet Global Blockchain Technologies Capped Index aims to measure the performance of globally listed companies that are involved in the research, enablement, development, and deployment of blockchain and cryptocurrency technologies and applications which comply with the index provider’s size, liquidity and free‑float criteria. Blockchain can be defined as technologies characterized by a suite of shared, peer‑to‑peer, decentralized, and immutable ledgers ideally suited for recording information. These unique characteristics make blockchain an important and valuable innovation with many potential applications, spanning across the areas of finance, healthcare, manufacturing, consumers, and public sector services. Cryptocurrency is a digital asset that typically uses blockchain’s decentralised and secured ledger as a method of verifying transactions and ownership.