BLOK - Transformational Data Sharing Amplify ETF

The Amplify Transformational Data Sharing ETF (BLOK) is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Reality Shares Nasdaq Blockchain Economy Index. The ETF invests in global companies that are actively engaged in blockchain technology or research and development of blockchain applications.

The index consists of companies that are involved in various segments of the blockchain ecosystem, including cryptocurrency exchanges, semiconductor firms, and companies that provide software and services for blockchain-based platforms. The ETF's holdings are selected and weighted based on a proprietary scoring system that assesses each company's involvement in blockchain technology and the potential impact of their blockchain-based products and services on their respective industries.

As of March 23, 2023, some of the top holdings of BLOK include Square Inc, PayPal Holdings Inc, MicroStrategy Inc, and NVIDIA Corporation. The fund has an expense ratio of 0.71% and had net assets of over $1.2 billion as of the same date. BLOK provides investors with a way to gain exposure to the potential growth of the blockchain industry without having to invest in individual companies. However, as with all investments, investors should carefully consider their investment objectives and risk tolerance before investing in BLOK or any other ETF.