Do you need more growth in your portfolio? Consider Blockchain Exposure

Capital markets expect the technology industry to bounce back after a forgettable year. This provides growth prospects for investors’ portfolios, but one area they may not have considered yet is gaining blockchain exposure.

The crypto industry may have soured its appetite for blockchain this year, given its weakness after a bull run in 2021. However, blockchain opportunities may operate independently of the crypto industry, giving investors strong growth prospects for 2023 and beyond.

“Interest in Blockchain technology has grown steadily over the past few years as NFT technology, Metaverse and tokenizing digital assets became part of mainstream product development strategies for major brands,” a Blocktelegraph article so. “World-renowned brands such as Nike, Gucci and Adidas began to explore the potential of this technology to create new loyalty within niche communities and offer existing shopping experiences.”

“Although the crypto industry has been plagued by turbulence in 2022, the use cases for blockchain technology have proliferated as more organizations see the potential to reform existing processes,” the article further states. “From transparently tracking supply chains to transforming healthcare, the supply chain capabilities of this nascent industry are infiltrating every part of society.”

Actively capture Blockchain’s growth

With the markets in flux as they have been in 2022, there is always room for more volatility in a 2023 full of unknowns. That said, gaining dynamic exposure via an active management strategy is an ideal option.

For active blockchain exposure, consider Amplify Transformational Data Sharing ETF (BLOK). BLOK has an active management strategy that can adapt to market movements by placing holdings in the hands of experienced portfolio managers.

Furthermore, BLOK adds diversified exposure and cryptocurrency exposure without investing in the currencies themselves. In addition, the fund offers diversification abroad by looking at opportunities outside the US, giving investors exposure to growth opportunities in emerging and developed markets.

While the majority of the fund (75%) contains holdings in North America-based companies, the fund also diversifies with holdings in Western Europe and Asia-Pacific, investing in companies that use and develop blockchain technology.

Per its product websiteBLOK Features:

• A global equity portfolio of professionally selected companies involved in blockchain technology and indirect crypto exposure.
• An active management approach that can enable the fund to remain flexible, make timely decisions and identify companies best positioned to profit from the evolving blockchain technology space.
• The convenience and transparency of the ETF structure.

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