Key stats
About Horizon Kinetics Blockchain Development ETF
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Inception date
Aug 1, 2022
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
Horizon Kinetics Asset Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US53656G2093
BCDF actively invests in 20-50 blockchain development companies of any market-cap from around the world. The fund not only invests in blockchain stocks but in the ecosystem supporting blockchain or digital assets. Blockchain development companies are perceived to benefit from the facilitation, custody, trading, and administration of digital assets, including cryptocurrencies. It may include financial or other exchanges, custodial banks, asset managers, blockchain-related software companies, payment processors, mining companies, etc. Employing a value-driven, bottom-up approach, the advisers research and analysis leverages insights from diverse sources, including internal research, to develop and refine its investment themes. BCDF aims to identify and take advantage of trends believed to benefit individual companies or broader sub-industries. The portfolio managers have full discretion to make buy, sell, and hold decisions at any time.
Related funds
Classification
What's in the fund
Exposure type
Finance
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BCDF trades at 31.02 USD today, its price has fallen −0.40% in the past 24 hours. Track more dynamics on BCDF price chart.
BCDF net asset value is 30.90 today — it's fallen 1.04% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BCDF assets under management is 19.52 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BCDF price has fallen by −0.93% over the last month, and its yearly performance shows a 13.27% increase. See more dynamics on BCDF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.04% over the last month, have fallen by −1.04% over the last month, showed a 3.02% increase in three-month performance and has increased by 15.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.04% over the last month, have fallen by −1.04% over the last month, showed a 3.02% increase in three-month performance and has increased by 15.58% in a year.
BCDF fund flows account for 5.92 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BCDF invests in stocks. See more details in our Analysis section.
BCDF expense ratio is 0.85%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BCDF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BCDF technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BCDF shows the buy signal. See more of BCDF technicals for a more comprehensive analysis.
Today, BCDF technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BCDF shows the buy signal. See more of BCDF technicals for a more comprehensive analysis.
Yes, BCDF pays dividends to its holders with the dividend yield of 1.45%.
BCDF trades at a premium (0.37%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BCDF shares are issued by Horizon Kinetics Holding Corp.
BCDF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 1, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.