BLCN
Siren ETF Trust Siren Nasdaq NexGen Economy ETF
BLCN tracks an index of global companies involved in developing, researching, or using blockchain technologies.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 36.1 M
ASSETS UNDER MGMT
68 bp
EXPENSES
Fund Basics
| Inception date | Jan 07, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| CASH & OTHER | 7.8 % |
| HARMONIC DRIVE SYSTEMS INC | 5.6 % |
| KIOXIA HOLDINGS CORP | 5.3 % |
| MINEBEA CO LTD | 5.2 % |
| YASKAWA ELECTRIC CORP | 5.1 % |
| APPIER GROUP INC | 4.8 % |
| CIPHER MINING INC | 4.5 % |
| SAMSUNG ELECTR-GDR REGS | 4.4 % |
| KEEL INFRASTRUCTURE CORP | 4.3 % |
| BLACKROCK INC | 4.1 % |
Constituent Breakdown
| Number of holdings | 21 |
| Herfindahl-Hirschman Index | 447 |
| Wgt avg mkt cap (mns) | $93,132 |
| Large cap (>$10bn) | 34.0% |
| Mid cap ($2-10bn) | 33.9% |
| Small cap (<$2bn) | 7.3% |
| Developed mkts. | 74.0% |
| Emerging mkts. | 11.6% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 32.3 % |
 |
JAPAN | 23.7 % |
 |
CANADA | 11.9 % |
 |
SOUTH KOREA | 4.4 % |
 |
HONG KONG | 4.0 % |
 |
CHINA | 3.9 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -3.4% | 17.0% | -3.1% | 3.1% | -13.8% | -- | -- | -1.9% |
| Dividend Yield | 0.0% | 0.2% | 0.3% | 0.4% | 0.5% | -- | -- | 0.6% |
| Total Returns | -3.4% | 17.2% | -2.8% | 3.5% | -13.3% | -- | -- | -1.3% | Ann. Volatility | 35.2% | 36.1% | 40.0% | 36.9% | 34.3% | -- | -- | 34.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.47 | 26% |
| MSCI EAFE | 0.94 | 14% |
| MSCI Emg Mkts | 0.82 | 18% |
Liquidity Measures
| Avg. volume (000) | 33 |
| ADV traded (mns) | $1 |
| Turnover | 2.4% |
| Avg. Bid/Ask (% of price) | 3.81% |
Technical Indicators
| 30d moving avg. (EMA) | $24.25 |
| Relative strength (RSI) | 59 |
| MACD/Signal | 0.83/0.71 |
| Bollinger Bands (Upper/Lower) | $26.59/$22.63 |
| Short interest (% of AUM) | 4.2% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. BLCN |
Expenses vs. BLCN |
ALTAR Score™ vs. BLCN |
|---|---|---|---|---|
| DAPP | VanEck Digital Transformation ETF | 16.8% | -18 bp | -0.6% |
| BLOK | Amplify Transformational Data Sharing ETF | 15.8% | +7 bp | -0.5% |
| BKCH | Global X Blockchain ETF | 15.8% | -18 bp | -3.6% |
| WGMI | Valkyrie Bitcoin Miners ETF | 15.1% | +7 bp | -3.6% |
| BITQ | Bitwise Crypto Industry Innovators ETF | 14.8% | +17 bp | -2.4% |
| MNRS | Grayscale Bitcoin Miners ETF | 14.4% | -9 bp | -2.9% |
| CRPT | First Trust SkyBridge Crypto Industry & Digital Economy ETF | 11.5% | +17 bp | -0.6% |
| STXD | Strive 1000 Dividend Growth ETF | 10.6% | -33 bp | +4.5% |
| SWP | SWP Growth & Income ETF | 10.2% | +31 bp | +4.2% |
| TGLR | LAFFER TENGLER Equity Income ETF | 10.2% | +27 bp | +3.7% |
Risk and Returns: BLCN vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/18/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
0.6%
ALTAR SCORE™
8th
PERCENTILE
AVOID
ETFRC RATING
There are 584 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. BLCN's ALTAR Score™ is approximately -1.4 standard
deviations above the category average. This places BLCN in the 8th percentile
among funds in the category.
Sell-Side Consensus
$27.02
PRICE TARGET
+2.9%
UPSIDE
Bid/Ask Spreads
381 bp
AVG SPREAD
118 —
1,093 bp
RANGE