Invesco CoinShares Global Blockchain UCITS ETF Acc

What this fund is

Invesco CoinShares Global Blockchain UCITS ETF Acc is an exchange-traded fund (ETF) from Invesco, traded under the ticker BCHN (ISIN IE00BGBN6P67). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread broadly across markets worldwide. It passively tracks the CoinShares Blockchain Global Equity Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include ADVANCED MICRO DEVICES USD0.01, RIOT PLATFORMS IN USD NPV and Cipher Digital Inc USD 1.0000. With about 47 holdings (the ten largest ≈ 38.5%), your money is diversified rather than concentrated in a handful of names.

By geography it is weighted towards ~61.2% United States, ~16.8% Japan and ~3.9% South Korea. By industry it concentrates most in ~41.3% Technology and ~36.2% Financials. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.65% a year — about €65 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything.

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. It launched in 2019. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Invesco.)