BKCH vs DAPP

BKCHBGlobal X Blockchain ETF

DAPPBVanEck Digital Transformation ETF

In short

BKCH BKCH buys the pickaxes, not the gold: roughly 30 listed miners, exchanges and hardware names that live off blockchain activity, with no coins on the books. It's the low-cost option in its blockchain-equity peer group and one of the strongest builds in it.

DAPP Crypto exposure without the crypto. DAPP holds the equities of the digital-asset economy (exchanges, miners, infrastructure) and by its own mandate never buys a coin, a coin derivative, or an ICO.

Stated mandate

BKCH BKCH seeks exposure to companies expected to benefit from wider blockchain adoption, spanning digital-asset mining and transactions as well as blockchain applications, hardware, and integration. It tracks the Solactive Blockchain Index before fees and expenses.

DAPP Before fees and expenses, the Fund seeks to follow the price and yield performance of the MVIS Global Digital Assets Equity Index, which is designed to represent companies participating in digital-asset economies.

Why people hold it

• BKCH Cheapest ticket in the group at 0.50%, undercutting rivals like BLOK (0.70%) and MNRS (0.59%) on the sticker price you actually pay every year.globalxetfs.com
• Rules, not hunches: it tracks the Solactive Blockchain Index, so the basket is set by published methodology rather than a manager's conviction of the week.globalxetfs.com
• Crypto exposure through ordinary stocks: digital-asset mining and transactions plus blockchain applications, hardware and integration, all in a regular brokerage account. No wallets, no keys.globalxetfs.com
• Trading since 2021, global in reach, and one of the strongest implementations in its blockchain-equity cohort.

• DAPP A clean split of the trade: you own the businesses built around digital assets, while the fund is barred from holding the assets themselves or derivatives on them.usnews.comaaii.com
• 0.52% expense ratio, a shade under the typical global thematic fund, for a rules-based index rather than a manager's hunches.
• One of the more actively traded names in its thematic peer group, which generally means less bid-ask friction on the way in and out.
• Launched in 2021, early to the crypto-equity shelf, and built on VanEck's own MVIS Global Digital Assets Equity Index.

Worth knowing

• BKCH Concentration is the design: roughly 30 names bolted to a single theme, so swings run far harder than a broad tech fund's.
• These are crypto-linked companies, not coins. Mining economics, earnings and financing decisions drive returns alongside token prices.globalxetfs.com
• Payouts come annually or semiannually at most, and the fund is mid-sized with moderate trading volume, so patient limit orders beat market orders.

• DAPP Non-diversified by design and concentrated in miners and exchanges, so a single company's stumble can move the whole fund.usnews.comaaii.com
• These companies live off digital-asset activity, so the ride tends to track the crypto cycle even though no coins are held.
• Not an income holding: nothing was paid out over the past year, so the whole case rests on share prices.

Full BKCH profile⁠

Full DAPP profile⁠