Investors interested in gaining exposure to Coinbase Global (COIN) stock may find value through exchange-traded funds (ETFs) that include the company in their portfolios. As one of the most recognized platforms in the cryptocurrency space, Coinbase benefits from strong brand recognition and an early-mover advantage in the rapidly evolving digital asset market. With growing institutional adoption and a diversification of revenue streams beyond retail trading—such as staking, custody, and institutional services—the company is well-positioned for long-term growth.
For those who prefer a diversified investment approach, two ETFs stand out: the Global X Blockchain ETF (BKCH) and the First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT). Both offer indirect but meaningful exposure to COIN while spreading risk across a broader basket of blockchain and crypto-related companies.
👉 Discover how ETFs can simplify your crypto market exposure with smart, diversified strategies.
Global X Blockchain ETF (BKCH)
The Global X Blockchain ETF (BKCH) is designed to capture the growth potential of companies driving blockchain innovation. Rather than investing directly in cryptocurrencies, BKCH focuses on businesses involved in blockchain infrastructure, digital asset mining, blockchain-based payments, software development, and hardware production.
This ETF tracks the Solactive Blockchain Index, which ensures a rules-based approach to selecting and weighting holdings. By doing so, it offers investors transparent and consistent exposure to the broader blockchain ecosystem—not just speculative digital tokens, but real companies building foundational technology.
As of the latest data, COIN stock represents 13.81% of BKCH’s total holdings, making it one of the top positions in the fund. This significant weighting allows investors to gain substantial indirect exposure to Coinbase's performance without putting all their capital into a single stock.
With $139.25 million in assets under management (AUM) and a relatively low expense ratio of 0.50%, BKCH strikes a balance between accessibility and cost-efficiency. While the ETF has faced headwinds—down 31.3% over the past three months—this reflects broader market volatility in the crypto sector rather than company-specific failures.
Despite recent declines, analyst sentiment remains optimistic. On Wall Street, BKCH holds a Strong Buy consensus rating, supported by 20 "Buy" and five "Hold" recommendations issued in the last 90 days. The average price target stands at $84.13, suggesting a potential upside of 126.22% from current levels.
This kind of projected return highlights investor confidence in the long-term trajectory of blockchain technology and its key players, including Coinbase.
First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT)
The First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) takes a more targeted approach by focusing exclusively on companies at the heart of the cryptocurrency and digital economy revolution.
Unlike index-tracking funds, CRPT is actively managed, allowing portfolio managers to adapt quickly to changing market conditions and identify high-potential opportunities within the crypto ecosystem. The fund invests in firms engaged in blockchain development, digital asset mining, cryptocurrency exchanges, and other infrastructure supporting decentralized finance (DeFi) and Web3 technologies.
One of its largest holdings is Coinbase Global, which makes up 15.48% of total assets—a slightly higher allocation than BKCH. This concentrated exposure enhances CRPT’s sensitivity to COIN’s performance, making it an appealing option for investors bullish on Coinbase specifically.
CRPT currently manages $78.59 million in AUM and carries an expense ratio of 0.85%, which is higher than BKCH but justified by active management and deeper sector specialization.
Over the past quarter, CRPT has declined by 22.1%, outperforming BKCH during a volatile period for digital assets. Analysts have assigned the ETF a Moderate Buy consensus rating, with 18 "Buy," three "Hold," and one "Sell" recommendation among the 22 holdings.
The average price target for CRPT is $24.74, indicating a potential upside of 79.01%. While not as aggressive as BKCH’s forecast, this still reflects solid confidence in the fund’s underlying assets and strategic positioning.
Why Invest in ETFs Instead of Individual Stocks?
Investing in ETFs like BKCH and CRPT offers several advantages over buying individual stocks such as COIN:
- Diversification: Spreading investments across multiple companies reduces single-stock risk.
- Liquidity: ETFs trade like stocks on major exchanges, offering intraday pricing and easy entry/exit.
- Transparency: Holdings are disclosed regularly, so investors know exactly what they own.
- Professional Management: Especially with actively managed funds like CRPT, expertise guides investment decisions.
- Exposure to Innovation: These ETFs provide access to cutting-edge sectors like blockchain without needing to pick individual winners.
For investors wary of the volatility associated with direct crypto investments or single-stock concentration, these ETFs offer a more balanced pathway into the digital economy.
Frequently Asked Questions (FAQ)
Q: What percentage of BKCH and CRPT is made up of COIN stock?
A: COIN represents 13.81% of BKCH and 15.48% of CRPT, making it a top holding in both funds.
Q: Are BKCH and CRPT good long-term investments?
A: Both ETFs offer exposure to high-growth areas like blockchain and digital assets. While short-term volatility is expected, long-term potential exists if adoption continues to rise.
Q: How do expense ratios affect my returns?
A: Lower expense ratios mean lower fees eating into your gains. BKCH’s 0.50% is more cost-effective than CRPT’s 0.85%, though active management may justify the premium.
Q: Can I buy these ETFs in a retirement account?
A: Yes, both BKCH and CRPT are listed on U.S. exchanges and can typically be held in IRAs, 401(k)s, or other brokerage accounts.
Q: Do these ETFs pay dividends?
A: Some holdings within the ETFs may pay dividends, but neither BKCH nor CRPT is focused on income generation; they are primarily growth-oriented.
Q: Is investing in crypto-related ETFs safer than buying Bitcoin directly?
A: Yes—these ETFs invest in companies building crypto infrastructure, not volatile digital tokens themselves, offering a more regulated and stable form of exposure.
Final Thoughts
Exchange-traded funds provide a practical and strategic way to gain indirect exposure to Coinbase (COIN) while mitigating some of the risks associated with direct stock ownership. The Global X Blockchain ETF (BKCH) and First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) both offer meaningful allocations to COIN, along with diversified access to the expanding blockchain and digital asset ecosystem.
Whether you're seeking aggressive growth potential or targeted exposure to crypto innovation, these ETFs represent compelling options for modern portfolios.