KOIN, with $13.8 million in AUM, has gained 1.55 percent since inception, while LEGR, at $46.1 million AUM, is down nearly 1 percent since it debuted.
Finally, the blockchain and cryptocurrency-focused REX BKCM ETF (BKC) that launched a month ago also has seen decreased trading volume after an initial burst of excitement, and it currently has $6.4 million in assets and is up 1 percent during its brief run.
The bottom line: despite tons of hype promoting blockchain as a potentially transformative tool that could reshape how business gets done, investors seem to be taking a wait-and-see attitude. Perhaps such caution is warranted, but blockchain believers might see the investment community’s current indifference as a chance to buy a cheap seat on the train to riches.