The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund designed to combine exposure to the blockchain ecosystem with investments linked to Bitcoin. The ETF is managed by Global X ETFs and trades under the ticker BITS on the Nasdaq.

Classified as a thematic equity ETF, the fund invests in companies involved in blockchain technology while also seeking Bitcoin exposure through ETFs and other investment vehicles permitted under applicable regulations. Its strategy is designed to combine businesses supporting the digital asset ecosystem with investments tied directly to Bitcoin.

The ETF follows an active management approach, adjusting its allocation between blockchain-related companies and Bitcoin-linked investments in accordance with its investment strategy.

Diversification and sector exposure

BITS provides exposure primarily associated with:

• Bitcoin.

• Blockchain.

• Digital assets.

• Technology.

• Financial services.

• Bitcoin mining.

• Digital infrastructure.

• Active management.

The portfolio includes companies developing blockchain solutions, digital asset infrastructure providers, Bitcoin mining companies, cryptocurrency exchanges, and other businesses connected to the blockchain industry, along with investment vehicles providing exposure to Bitcoin.

The ETF's performance reflects both developments in the Bitcoin market and the growth of companies participating in the blockchain ecosystem and may experience significant volatility.

Structure and costs

BITS shares trade on the secondary market on the NASDAQ during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF's market price with its net asset value (NAV).

The fund may invest in equities, ETFs, short-term securities, and other financial instruments consistent with its strategy of providing exposure to Bitcoin and the blockchain industry. The ETF charges a management fee as outlined in its prospectus and does not apply a performance fee.

History and evolution of the ETF

The Global X Blockchain & Bitcoin Strategy ETF was launched in 2021 to provide investors with a strategy combining exposure to blockchain technology and Bitcoin-related investments.

Since inception, the fund has become part of Global X's lineup of thematic ETFs focused on innovation and digital transformation.

In recent years, increasing institutional adoption of cryptocurrencies, the launch of new Bitcoin investment products, the expansion of blockchain infrastructure, and the evolving regulatory environment have continued to shape the performance of the companies and assets represented in the ETF's portfolio.

Additional Information

Global X Blockchain & Bitcoin Strategy ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $23.14 million.

Over the past 12 months, Global X Blockchain & Bitcoin Strategy ETF recorded a return of -3.67%, with its price trading between $49.17 and $116.27 during the same period.

The ETF is traded under the ticker BITS.