The “crypto as digital gold” narrative is being tested by a volatile market, challenging our convictions. The GX Blockchain ETF (BKCH) allows investors to own the infrastructure behind the scenes, holding stocks of companies in the crypto business. With top 11 holdings comprising 70% of the ETF’s total assets, valued at about $370 million, BKCH is a high-octane vehicle requiring strict risk management. Dominated by crypto exchanges and miners, BKCH faces chart challenges, with Coinbase (COIN) as a major holding. With a price-earnings ratio over 50x, BKCH is not a set-and-forget investment. In a volatile market, it’s crucial to manage risk and avoid significant drawdowns.

Read more at Yahoo Finance: The Market Is Stress Testing Crypto. This 1 ETF Is a Tactical, High-Risk Way to Bet on Its Comeback.