Blockchain ETFs are exchange-traded funds that hold companies that are involved with developing or innovating using blockchain technology, rather than simply holding Bitcoin. Thousands of cryptocurrencies have popped up in recent years to capitalize on the market's curiosity, but they can be very risky investments, often without clear use cases.
That's why blockchain ETFs make a lot of sense for the crypto-curious. Buying an exchange-traded fund (ETF) composed of these companies could be a great place to start investing in this technology without anywhere near the risk of cryptocurrency.
Investing in blockchain ETFs in 2025
A blockchain is a digital ledger (basically software) that is distributed across a network of users. It's the basic building unit of cryptocurrencies, but it has a wide range of uses, such as building decentralized finance (DeFi) services, enabling smart contracts, and giving artists new ways to create work and interact with patrons.
With so many uses for blockchain technology, there are plenty of companies putting it to good use. That's why an ETF that specializes in blockchain and crypto companies is a great place to get started when investing in the future of the financial services sector.
ETF | Total Net Assets | Expense Ratio | Description |
|---|---|---|---|
Amplify Transformational Data Sharing ETF (NYSEMKT:BLOK) | $664.19 million | 0.73% | The largest blockchain ETF by net assets. |
Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) | $42.1 million | 0.68% | This ETF is focused on tracking the Nasdaq Blockchain Economy index. |
First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) | $89.99 million | 0.65% | This ETF has a portfolio of more than 100 stocks with exposure to blockchain technology. |
Bitwise Crypto Industry Innovators ETF (NYSEMKT:BITQ) | $147.01 million | 0.85% | Launched in 2021, this is a focused portfolio of crypto and Bitcoin (CRYPTO:BTC) stocks. |
Global X Blockchain ETF (NASDAQ:BKCH) | $112.09 million | 0.50% | Another newcomer in the blockchain ETF space. |
1. Amplify Transformational Data Sharing ETF
Far and away the largest blockchain ETF based on assets, Amplify Transformational Data Sharing ETF is a good choice to begin your search for the best blockchain and crypto industry ETFs. The fund has a 0.73% expense ratio, so for a $1,000 investment, $7.30 will be deducted each year in fees from the fund's performance.
The Amplify Transformational Data Sharing ETF launched in January 2018 and had increased in value by 242.78% through mid-October 2025, although it saw a spike in pricing in 2020 when high-growth tech stocks rose early in the COVID-19 pandemic. That gain has since moderated significantly.
Notable holdings in the fund include stock trading platform Robinhood (HOOD -0.99%); crypto trading marketplace Coinbase Global (COIN -1.86%); and social gaming platform Roblox.
2. Siren Nasdaq NexGen Economy ETF
The Siren Nasdaq NexGen Economy ETF is far smaller than Amplify's blockchain ETF product, but it offers investors a slightly different take on this space. It is composed of stocks focused more on technology businesses and reduces exposure to some of the cryptocurrency holding companies found in other similar ETFs. It has an expense ratio of 0.68%.
The ETF was also launched in January 2018 and has seen prices skyrocket more than 70% since inception during a bull run from mid-2020 through 2021. It was sitting just 18.29% above its initial public offering (IPO) price in October 2025. Top holdings include Coinbase, Strategy, Riot Platforms, as well as older, well-known tech giants such IBM and Fujitsu.
3. First Trust Indxx Innovative Transaction & Process ETF
Next up is the First Trust Indxx Innovative Transaction & Process ETF. First Trust is a larger company that has created all sorts of ETFs and other investment products, but this is one of its newer launches, started in January 2018. The fund has 103 stocks, making it the most diversified blockchain and crypto ETF on this list. The First Trust Indxx Innovative Transaction & Process ETF has an annual expense ratio of 0.65%.
Since its launch in January 2018, First Trust Indxx Innovative Transaction & Process ETF has seen a 87.00% gain through mid-October 2025, and has managed to maintain its 2020 and 2021 growth.
The top stocks in the First Trust Indxx Innovative Transaction & Process ETF have included Intel, Baidu, Alibaba, Samsung Electronics, IBM, and NVIDIA. If a well-diversified portfolio containing a smattering of businesses dabbling in blockchain is what you want, First Trust's ETF is worth a look.
4. Bitwise Crypto Industry Innovators ETF
A newcomer to the blockchain ETF party, Bitwise Crypto Industry Innovators ETF was launched in May 2021. It is composed of 30 stocks and has an annual expense ratio of 0.85%.
The Bitwise Crypto Industry Innovators ETF differs from other funds on this list in an important way. The stocks that make up the portfolio are a more focused bet on the crypto economy, with many being Bitcoin miners and other outfits that are accumulating the top cryptocurrency. As of October 2025, the top holding was data center operator IREN Limited. It was followed by Coinbase, a crypto trading platform, and third was Strategy Incorporated (MSTR -3.26%), a business intelligence company that bills itself as the first Bitcoin treasury company. Together, the three stocks accounted for almost a third of the ETF's portfolio.
Given its tilt toward companies that own Bitcoin and other crypto pure-plays, the Bitwise Crypto Industry Innovators ETF has generally followed the price of Bitcoin since its inception. The fund might be a bargain for anyone brave enough to buy it on the dip, but it is largely at the mercy of crypto markets.
Still, if you're looking for a way to invest in crypto without the extra complications of buying cryptocurrencies directly, the fund might be your ticket.
5. Global X Blockchain ETF
The Global X Blockchain ETF is the newest blockchain ETF on this list. Launched in July 2021, the ETF is comprised of only 27 stocks and has an annual expense ratio of just 0.5%.
High-growth tech stocks had a rough outing in 2021, and things haven't substantially improved. This is reflected in Global X Blockchain ETF's negative 61% return since inception as of mid-2025. There are a handful of tech companies in the portfolio, such as Coinbase and Core Scientific, but most of the holdings slant toward crypto mining firms. Bitcoin miners Riot Blockchain (RIOT +2.85%), MARA, and Hut 8 Corp (HUT +3.36%) feature prominently in the fund.
Like the Bitwise ETF, Global X Blockchain ETF has generally followed the price of Bitcoin so far in its young history, but it has lagged behind the top cryptocurrency due to the underperformance of the tech and crypto stocks in the portfolio. Nevertheless, this is another option for investors looking for more of a pure play on the crypto and blockchain economy.
Why invest in blockchain ETFs
Blockchains are full of potential for a range of applications, which is what is so exciting about them, but they're also more volatile than other types of ETFs in many cases. Here are some reasons to choose them anyway:
- Getting in on the ground floor of emerging technology.
- Investing in the world of cryptocurrency without as much risk.
- Potential for impressive gains, if you can handle some uncertainty.
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Risks of investing in blockchain ETFs
Although investing in blockchain ETFs can give you exposure to up-and-coming tech companies, those small players can also create a lot of risk of their own. Blockchain ETFs are far from guaranteed success stories. Some major risks include:
- Volatility. Although blockchain stocks aren't the same as cryptocurrencies, they're still in an industry that is new and in flux. There's a lot of volatility right now, and it's impossible to know who will come out on top. ETFs that hold large caps along with tiny players are the safest bets.
- Regulatory uncertainty. The world of crypto is undergoing a lot of scrutiny right now, and a lot of potential regulation is around the corner. For some, this will be a fantastic thing, and for others, it could risk destroying the entire company. The uncertainty makes it hard to know what next year looks like for these stocks.
- Industry risk. Blockchain technology is filled with promise, but it's not a well-established industry as of yet. This means that the industry itself is on shaky footing, and the risk to it can be severe. Many companies won't make it, and the industry may collapse inward, so there is a lot of risk involved.
Start small with blockchain ETFs and stocks
Because blockchain technology is so new and implementation is nascent, expect above-average volatility for these ETFs. While there is potential for huge investment returns, there is also the possibility that the investments will lose value over time if the blockchain and crypto economy don't take root as quickly as some expect. If you decide to invest, start small and maintain a long-term mindset in this fast-evolving realm of the fintech industry.
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