5 Best Blockchain and Bitcoin ETFs

4. Invesco CoinShares Global Blockchain UCITS ETF (LON:BCHN)

5-Year Share Price Performance as of March 15: 132.80%

The Invesco CoinShares Global Blockchain UCITS ETF (LON:BCHN) seeks to mirror the net total return performance of the CoinShares Blockchain Global Equity Index. This ETF provides exposure to companies worldwide, both in developed and emerging markets, that are involved or have the potential to be involved in the blockchain ecosystem. It is one of the best blockchain and bitcoin ETFs. It was launched on March 8, 2019. As of March 15, 2024, the fund manages assets totaling $682.62 million.

CleanSpark, Inc. (NASDAQ:CLSK) is one of the largest holdings of the Invesco CoinShares Global Blockchain UCITS ETF (LON:BCHN). The company functions as a bitcoin miner in the Americas, owning and managing data centers that mainly operate on low-carbon power sources. On February 8, CleanSpark, Inc. (NASDAQ:CLSK) announced results for the first quarter of fiscal year 2024. The firm reported a GAAP EPS of $0.14 and a revenue of $73.8 million, outperforming Wall Street estimates by $0.38 and $4.05 million, respectively.

As per Insider Monkey’s fourth quarter database, 17 hedge funds were bullish on CleanSpark, Inc. (NASDAQ:CLSK), up from 11 funds in the previous quarter. Israel Englander’s Millennium Management is the largest position holder in the company, with 1.82 million shares valued at $20.03 million.

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