MarkE

Exposure to crypto using blockchain ETF's, BLCN

Long
NASDAQ:BLCN   Siren Nasdaq NexGen Economy ETF
Purchasing crypto tokens is not the only way to gain exposure or profit from the development of web 3.0 and the myriad of potential uses for distributed ledger technology of which blockchain is a type. It is important when making investing decisions, particularly around new technologies, to try and look at the entire "picture". In this sense that means what kind of infrastructure and supporting services will be necessary to facilitate the implementation of this new technology. Often investors and speculators get tunnel vision and focus on one specific aspect of a new technology, this example is the mass speculation and focus on crypto tokens. BLCN is an ETF that will allow you to invest in businesses that provide the infrastructure and services for people to use blockchain technology, from the SirenETFs website they invest in companies that "are committing material resources to developing, researching, supporting, innovating or utilizing blockchain technology for their use or for use by others." Listed below are the top 10 holdings of the ETF, as you can see they are all companies that will profit immensely from the mass adoption and utilization of blockchain technology. In addition to this, from an investing perspective companies that are willing to adopt new technologies tend to generate a competitive advantage over the long run which results in appreciating share prices and profitability. As a long term investor I don't believe in trying to time the market but when prices fall to low levels on a short term basis it is a good idea to add to your position. Now is such a time for BLCN, crypto assets have declined over the last month and along with it the perceived value of the underlying infrastructure. This makes it a good opportunity to add to my position in BLCN, price has fallen outside the 200 day Bollinger bands and so I will begin gradually adding to my position until price moves back inside them. This method used along with your regular investing contributions helps to concentrate more of your purchases at lower price levels. I hope you found this analysis useful and alerted you to an alternate method for gaining exposure to crypto assets.

COINBASE GLOBAL INC
SILVERGATE CAP CORP
OVERSTOCK COM INC DEL
NVIDIA CORPORATION
ACCENTURE PLC IRELAND
ADVANCED MICRO DEVICES INC
MARATHON DIGITAL HOLDINGS INC COM
MICROSOFT CORP
ORACLE CORP

*Not a recommendation to buy or sell*
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