What does Siren Nasdaq NexGen Economy ETF do?
Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) focuses on the dynamic blockchain technology sphere, aiming to offer investors exposure to companies deeply involved in the development, research, support, or utilization of blockchain technology. By tracking the Siren NASDAQ Blockchain Economy Index, this ETF invests in a portfolio of firms across various countries and sectors that are either using or developing blockchain solutions, aiming to capture the growth and innovation within this fast-evolving industry. The objective revolves around providing a diversified means to invest in the future of transactions, data integrity, and technological advancements spearheaded by blockchain technology. BLCN's strategy is tailored towards those looking to tap into the potential blockchain holds for transforming businesses and economies worldwide.
