Amplify Transformational Data Sharing ETF (ticker: BLOK) is a blockchain ETF in all but name. Bloomberg's Matt Miller digs into the fund as massive volatility hits digital assets this month. BLOK has a negative return of around -60% in 2022. 

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Crypto Fallout

BLOK hit by crypto volatility

The composition of the Amplified transformational data-sharing ETF isn't completely obvious but that's by Design trading under the ticker Blok. The fund is a blockchain ETF in all but name, according to a Bloomberg report, the SEC and courage, the fun, to remove the word blockchain before it launched in 2018 Regulators were nervous about companies that were trying to make a quick Buck formatting buzz word such as Bitcoin and blockchain to their names in order to jumpstart their stock prices block. Biggest Holdings are us and Japanese Financial Services Commercial Services, internet and computer companies that are developing using partnering in investing in blockchain and cryptocurrency Technology IBM Center overstock.com and GMO. Or the biggest Holdings in the nearly fifty names. The fund also includes block coinbase and Digital Garage block has about 430 million dollars in assets, but that's down about 75% from the peak is Vigil. It's also struggled with returns down more than 50% since the start of the year and as an actively managed fund offering me, she exposure block is not cheap costume. 71 basis point walk at the green light in the Bloomberg intelligence traffic light system with one morning for being actively managed.

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Crypto Fallout