The top five holdings of this blockchain technology ETF are: MicroStrategy Inc Class A (MSTR, 6.35% of assets); PayPal Holdings Inc (PYPL, 4.81%); Square Inc A (SQ , 4.59%; Marathon Digital Holdings Inc (MARA, 3.98%); and Voyager Digital Ltd (VYGR, 3.85%).
Amplify Transformational Data Sharing ETF (BLOK)
From Forecasts & Strategies
We recently took huge profits in Bitcoin, but I now prefer to invest in blockchain technologies through Amplify Transformational Data Fund, an actively managed ETF.
According to a new report by Deloitte, 45% of technology firms have already incorporated blockchain into production. For example, Bloomberg reports how blockchain technology can escape censorship: “Why not put social media on blockchains and have efficient cryptocurrency micropayments to reward those who help maintain such mechanisms? Censoring postings on such a service would be as difficult as trying to overwrite a blockchain ledger. (Indeed, such postings would be a blockchain ledger, albeit in a more digestible form.) And instead of having to deal with the content rules of Twitter or WhatsApp, perhaps you could customize and build your own rules. Such exchanges will eventually evolve beyond easy governmental or gatekeeper control.”
Blockchain-enabled business models will present a seismic shift with regard to how business is conducted in the future. Its impact on commerce will be game-changing, especially given the increasingly digital global economy, the decentralization of business models and the number of stakeholders who are affected by blockchain technology.
Amplify Transformational Data Sharing ETF is the best way to profit from the blockchain technology with reduced risk.
Mark Skousen & Jim Woods, Forecasts & Strategies, markskousen.com, Eagle Financial, 300 New Jersey Ave. NW, Suite 500, Washington, D.C. 20001, August 2021