The Securities and Exchange Commission bars fund issuers from using the word “blockchain” in fund names, but there are some exchange traded funds that are positioned as blockchain funds. The oldest of those funds is the actively managed AMPLIFY TRANSFORMATIONAL DATA SHARING ETF (NYSE: BLOK). What Happened While bitcoin, the largest digital currency by market capitalization, has recently given back some of its May gains, BLOK has been mostly steady. Blockchain is the digital ledger used to...

Prior to 2018, there were no exchange traded funds dedicated to companies involved with the booming blockchain space. Now, there are four dedicated blockchain ETFs, though the Securities and Exchange Commission forbids fund issuers from using the term “blockchain” in fund names. To date, success for blockchain ETFs has been mixed. The first two that came to market, the Amplify Transformational Data Sharing ETF (NYSE: BLOK) and the Reality Shares Nasdaq NexGen Economy ETF (NASDAQ: BLCN),...