Investing in Blockchain ETFs to Diversify Risk

According to IDC the market opportunity for blockchain will reach $2.1B USD in 2018 compared to $945B USD in 2017. Thus Blockchain in on track to more than double this year. In an earlier post we looked at several Blockchain vendors and their stocks which speculative traders may finding interesting. However, premise is to diversify your investment in this fast-growing sector by investing in well-diversified ETFs which will balance your risk. Today the two most prominent ETFs are Reality Shares Nasdaq NexGen Economy ETF (BLCN) and Amplify Transformational Data Sharing ETF (BLOK). Nevertheless there are several more ETFs in the pipeline so stay tuned. One additional fund to consider is the FinTech ETF (FINX). FINX’s scope is to broadly invest in stocks of emerging technology firms in the financial technology sector. If you had $10k USD to invest with a 5-10 year time horizon we recommend dollar cost averaging $1k USD per month any two of these three funds. Bye for now. Lawrence, Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com)