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
$ 34.5 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 | 32.1 % |
| SAMSUNG ELECTR-GDR REGS | 5.0 % |
| CELESTICA INC | 4.4 % |
| KIOXIA HOLDINGS CORP | 4.4 % |
| YASKAWA ELECTRIC CORP | 4.1 % |
| TERAWULF INC. | 3.6 % |
| ADVANCED MICRO DEVICES | 3.3 % |
| MICROSOFT CORP | 3.2 % |
| KEEL INFRASTRUCTURE CORP | 3.1 % |
| MICRON TECHNOLOGY INC | 3.1 % |
Constituent Breakdown
| Number of holdings | 17 |
| Herfindahl-Hirschman Index | 536 |
| Wgt avg mkt cap (mns) | $93,132 |
| Large cap (>$10bn) | 62.2% |
| Mid cap ($2-10bn) | 14.2% |
| Small cap (<$2bn) | 5.1% |
| Developed mkts. | 61.2% |
| Emerging mkts. | 20.2% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 31.1 % |
 |
CANADA | 10.0 % |
 |
SOUTH KOREA | 5.0 % |
 |
JAPAN | 4.1 % |
 |
CAYMAN ISLANDS | 2.8 % |
 |
GERMANY | 2.7 % |
 |
SWITZERLAND | 2.7 % |
 |
TAIWAN | 2.6 % |
 |
AUSTRALIA | 2.0 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 5.9% | 8.8% | -1.4% | 5.6% | -11.8% | -- | -- | -0.5% |
| Dividend Yield | 0.0% | 0.0% | 0.1% | 0.3% | 0.4% | -- | -- | 0.6% |
| Total Returns | 5.9% | 8.8% | -1.4% | 5.9% | -11.3% | -- | -- | 0.1% | Ann. Volatility | 39.0% | 36.4% | 40.9% | 37.9% | 35.2% | -- | -- | 34.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.43 | 24% |
| MSCI EAFE | 0.98 | 18% |
| MSCI Emg Mkts | 0.77 | 24% |
Liquidity Measures
| Avg. volume (000) | 18 |
| ADV traded (mns) | $0 |
| Turnover | 1.3% |
| Avg. Bid/Ask (% of price) | 3.94% |
Technical Indicators
| 30d moving avg. (EMA) | $25.57 |
| Relative strength (RSI) | 47 |
| MACD/Signal | -0.19/0.09 |
| Bollinger Bands (Upper/Lower) | $27.49/$24.27 |
| 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 |
|---|---|---|---|---|
| IBLC | iShares Blockchain and Tech ETF | 31.6% | -21 bp | -2.2% |
| BLOK | Amplify Transformational Data Sharing ETF | 31.3% | +7 bp | -0.6% |
| BKCH | Global X Blockchain ETF | 26.3% | -18 bp | -4.5% |
| MNRS | Grayscale Bitcoin Miners ETF | 25.3% | -9 bp | -3.4% |
| SATO | Invesco Alerian Galaxy Crypto Economy ETF | 25.2% | -7 bp | -2.6% |
| BITQ | Bitwise Crypto Industry Innovators ETF | 24.6% | +17 bp | -2.9% |
| DAPP | VanEck Digital Transformation ETF | 24.2% | -18 bp | -0.8% |
| WGMI | Valkyrie Bitcoin Miners ETF | 22.1% | +7 bp | -4.0% |
| LEGR | First Trust Indxx Innovative Transaction & Process ETF | 21.0% | -3 bp | +7.2% |
| BLCK | Corgi Crypto Infrastructure ETF | 19.8% | -33 bp | -2.9% |
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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 7/5/2026
Peer Group Comparison
Sample data. Subscribe for access.
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
0.8%
ALTAR SCORE™
9th
PERCENTILE
AVOID
ETFRC RATING
There are 733 funds in the Global Equity category with an average
ALTAR Score™ of 4.4% and a standard deviation
of 2.7%. BLCN's ALTAR Score™ is approximately -1.4 standard
deviations above the category average. This places BLCN in the 9th percentile
among funds in the category.
Sell-Side Consensus
$21.74
PRICE TARGET
-10.3%
UPSIDE
Bid/Ask Spreads
394 bp
AVG SPREAD
104 —
1,093 bp
RANGE