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BLOK is described as an actively-managed ETF comprised of companies involved in blockchain technology while also holding shares in the Bitcoin Investment Trust.
Amplify CEO Christian Magoon said:
“Blockchain technology is primarily known for one application today: cryptocurrency. However, there is a fast-growing universe of applications for blockchain technology. We believe the growth of crypto is a case study on the values blockchain technology delivers when it comes to trust, data sharing, efficiency and transparency.”
Since its inception over 3 years ago, BLOK has generated an annualized return of over 22%.
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