SI - BLOK: Look At Blockchain's Uses Not Just Bitcoin's Value

• The Amplify Transformational Data Sharing ETF invests in equity securities of companies actively involved in the development and utilization of blockchain technologies.
• Its share price has soared by about 170%, driven by strong adoption of bitcoin by major corporations as well as strong correlation with the digital currency's rise.
• A closer look at stocks which have surged the most suggests that investors are also looking at how the companies are making innovative use of blockchain technology.
• On the risk side, closer scrutiny by the SEC could result in volatility.
• Finally, after a vertiginous rise, a 9-10% upside appears to be reasonable, but this figure could be multiplied by 3 as other stocks embrace bitcoin.

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