DECO

SPDR Galaxy Digital Asset Ecosystem ETF

$47.21
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The SPDR Galaxy Digital Asset Ecosystem ETF (DECO) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Galaxy Global Blockchain Equity Index.

Overview

ETF tracking SPDR Galaxy Digital Asset Ecosystem ETF

Issuer State Street
Inception Date 2024-09-10
Market Cap $13.2M
Average Volume N/A
Dividend Yield 1.18%
52-Week Range $21.05 - $56.65
VWAP $47.19

Performance

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Investment Summary

📎 Investment Objective

The SPDR Galaxy Digital Asset Ecosystem ETF (DECO) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Galaxy Global Blockchain Equity Index.

🎯 Investment Strategy

The ETF invests in companies involved in the development and utilization of blockchain technology and digital assets, including cryptocurrency and crypto mining companies.

✨ Key Features

  • Exposure to the emerging blockchain and digital asset ecosystem
  • Diversified portfolio of companies across the blockchain value chain
  • Passively managed to track the Galaxy Global Blockchain Equity Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Volatility and speculative nature of the blockchain and digital asset industry
  • Regulatory risks as the industry is still evolving
  • Concentration risk as the fund is focused on a specific sector
  • Tracking error risk as the fund may not perfectly replicate the index performance

👤 Best For

The SPDR Galaxy Digital Asset Ecosystem ETF may be suitable for investors with a long-term investment horizon and a high-risk tolerance who are seeking exposure to the emerging blockchain and digital asset ecosystem.