BLKC (Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF) is no longer actively trading.
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The Invesco Galaxy Blockchain Economy ETF (referred to as "the Fund") is designed to replicate the performance of the Alerian Galaxy Global Blockchain Equity, Trusts and ETPs Index. The Fund commits a substantial portion, typically 80%, of its total net assets to investments included in this underlying Index. This benchmark comprises shares of companies significantly engaged in advancing blockchain technology, cryptocurrency mining, purchasing digital currencies, or offering essential enabling services and infrastructure. Additionally, it features Exchange-Traded Products (ETPs) and certain…

John Laforge, of Ned Davis Research, said network adoption is the best way of assessing the cryptocurrency's worth.

Senators from both parties blocked a landmark digital asset market structure bill in a procedural vote, sending crypto stocks tumbling. The bill would have handed the CFTC the primary authority to regulate the digital assets industry, but failed to advance with a vote of 49-50.

Bitcoin faces key resistance near $82,800, but I am bullish with a 12-month target of $95,000 and a stop-loss at $74,000. ETF inflows hit $3.52 billion in August, signaling institutional macro hedging, not long-term adoption, and creating a thin, volatile float. September catalysts (the CLARITY Act cloture vote and FOMC decision) will be pivotal; a clean break above resistance on volume could drive BTC toward $88,250–$90,000.

Bitcoin rose above $80,000 to hit a more than three-month high on Tuesday as a soft U.S. dollar, in the wake of the moves by Treasury Secretary Scott Bessent to calm the bond market, revived momentum in the crypto sector.

Bill Miller IV, chief investment officer and chairman at Miller Value Partners, joins 'Closing Bell' to discuss the causes in Bitcoin's recent uptick and more.