Listed Funds Trust - Horizon Kinetics Blockchain Development ETF (BCDF)

Overview

The Horizon Kinetics Blockchain Development ETF (BCDF) aims to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Blockchain Development Index, focusing on companies actively involved in blockchain technology development, implementation, or utilization.

Reputation and Reliability

Horizon Kinetics is known for its value-oriented investment approach and focus on less mainstream sectors.

Management Expertise

The management team has experience in managing specialized and alternative investment strategies.

Goal

Seeks to track the performance of the Blockchain Development Index, providing exposure to companies involved in the blockchain ecosystem.

Investment Approach and Strategy

Strategy: The ETF tracks a proprietary index designed to capture companies significantly involved in blockchain technology.

Composition The ETF primarily holds stocks of companies across various sectors (e.g., technology, financials) that are actively engaged in blockchain development or utilization.

Market Share: Data not readily available without live market data APIs.

Total Net Assets (AUM): Data not readily available without live market data APIs.

Key Competitors

• BLOK
• LEGR
• BITQ
• DAPP

Competitive Landscape

The blockchain ETF space is competitive, with several ETFs vying for investor capital. BCDF's unique index and potential focus on smaller or less-known companies could be an advantage, but it faces competition from larger, more established ETFs with greater liquidity and brand recognition.

Historical Performance: Historical financial performance data is not available as of the current request.

Benchmark Comparison: Benchmark comparison data is not available as of the current request.

Expense Ratio: 0.85

Average Trading Volume

Average trading volume information is not available as of the current request, which makes it difficult to assess the liquidity of the ETF.

Bid-Ask Spread

Bid-ask spread information is not available as of the current request, making it difficult to assess the cost of trading this ETF.

Market Environment Factors

The ETF is influenced by factors such as the adoption rate of blockchain technology, regulatory developments surrounding cryptocurrencies and blockchain, and overall investor sentiment towards technology and growth stocks.

Growth Trajectory

The growth trajectory depends on the sustained interest and investment in blockchain technology, as well as the ability of the companies within the index to successfully capitalize on blockchain opportunities.

Competitive Edge

BCDFu2019s competitive edge may lie in its unique index, which may offer exposure to different companies compared to other blockchain ETFs. Horizon Kinetics' value-oriented approach could potentially identify undervalued companies within the blockchain space. However, the ETF needs to generate high liquidity and visibility to attract significant investment. Its smaller size compared to competitors can present both opportunities and challenges for achieving sustainable growth and market presence.

Volatility

Volatility data is unavailable, but investments in the blockchain space can be highly volatile due to regulatory uncertainties, technological risks, and market sentiment.

Market Risk

Market risk includes the potential for significant fluctuations in the value of the underlying assets due to changes in the blockchain landscape, broader economic conditions, and investor preferences.

Ideal Investor Profile

The ideal investor is one who is bullish on the long-term prospects of blockchain technology and willing to accept a higher degree of risk and volatility. Investors should have a strong understanding of the blockchain ecosystem and its potential for disruption.

Market Risk

This ETF may be best suited for long-term investors who are comfortable with the potential for short-term price swings and are seeking exposure to a specific niche within the technology sector.

The Horizon Kinetics Blockchain Development ETF (BCDF) offers investors targeted exposure to companies involved in the blockchain ecosystem through its unique index. Its success depends on the broader adoption of blockchain technology and the management team's ability to identify undervalued companies. Potential investors should be aware of the inherent volatility and regulatory risks associated with blockchain investments. The fund needs to build liquidity and visibility to compete effectively with larger, more established players in the market. Investors should carefully consider their risk tolerance and investment objectives before investing in BCDF.

Data Sources:

• ETF.com
• Company Fact Sheet

Disclaimers:

The data provided is based on available information and does not constitute financial advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. Market share and AUM values are estimated and may not reflect real-time data.