'BLOK" Gets Hit by Digital Asset Volatility in 2022

'BLOK" Gets Hit by Digital Asset Volatility in 2022

Assessment

Interactive Video

Business

University

Hard

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The video discusses the BLK fund, a blockchain ETF that launched in 2018 without the word 'blockchain' in its name due to SEC concerns. It highlights the fund's major holdings in US and Japanese financial services, and tech companies like IBM and Accenture. Despite having $430 million in assets, the fund's value has dropped significantly, with returns down over 50% this year. As an actively managed fund, it is costly, but it receives a green light from Bloomberg Intelligence, albeit with a warning for being actively managed.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the SEC's recommendation regarding the use of the word 'blockchain' in the fund's name?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the major companies included in the fund's holdings?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much has the fund's assets decreased from its peak?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the cost of the fund in basis points?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the Bloomberg Intelligence Traffic light system indicate about the fund?

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