IBLC: ISHARES BLOCKCHAIN AND TECH ETF
What this ETF is trying to do
The iShares Blockchain and Tech ETF (IBLC) focuses on companies involved in blockchain and technology. It holds a variety of companies, including those in digital infrastructure and financial tech.
Top Holdings
As of October 7, 2026, the fund's largest holdings include:
• CRCL: 13.89%
• COIN: 11.37%
• IREN LTD: 8.78%
• Bitmine Immersion Technologies Inc: 6.36%
• Applied Digital Corp: 4.78%
• Hut 8 Corp: 4.05%
• Advanced Micro Devices Inc: 3.93%
• NVIDIA Corp: 3.68%
• International Business Machines Corp: 3.58%
• Mastercard Inc Class A: 3.57%
These are only the top holdings, and the full list can change over time.
What the numbers show
The current price of the ETF is $43.58. To understand how the price has moved, we can look at different time frames:
• Year-to-Date (YTD): The price return is 6.54%.
• One Year: The price return is -33.46%. The total return (which includes distributions) is -29.46%.
• Three Years: The price return is 169.30%, and the total return is 192.96%.
For a simple example, if you had invested $10,000 based on the estimated price from roughly one year ago ($65.50), and only looked at the price change (ignoring distributions), your investment would be worth approximately $6,654 today.
Income and distribution explanation
This ETF has a distribution yield of approximately 5.88%. Over the last 12 months, it has made one payout. The distribution frequency is described as irregular or less frequent.
It is important for beginners to know that a high distribution yield alone can be misleading. While these payments provide cash, they do not guarantee that the original money you invested (the principal) is safe.
NAV erosion explanation
This ETF has a severe erosion-risk flag. It also has an erosion-risk score of 30, which is labeled as "significant price erosion."
"NAV erosion" happens when the value of the fund's underlying assets declines over time. In this case, the severe erosion-risk flag was triggered because of the split-adjusted price trend and/or the erosion score.
Pros
• Strong three-year price and total returns.
• Provides exposure to major tech names like NVIDIA and AMD.
Cons
• Significant share-price decline over the last year.
• High erosion-risk measurements.
• An "F" income rating grade.
Beginner takeaway
IBLC offers a way to invest in blockchain and tech companies. While it has seen high growth over three years, it has also experienced a sharp price drop over the last year. Investors should be aware of the severe erosion-risk flag, as a high distribution yield does not always mean the investment is stable.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | n/a | CRCL | 13.89% |
| 2 | n/a | COIN | 11.37% |
| 3 | IREN LTD | IREN | 8.78% |
| 4 | BITMINE IMMERSION TECHNOLOGIES INC | BMNR | 6.36% |
| 5 | APPLIED DIGITAL CORP | APLD | 4.78% |
| 6 | HUT 8 CORP | HUT | 4.05% |
| 7 | ADVANCED MICRO DEVICES INC | AMD | 3.93% |
| 8 | NVIDIA CORP | NVDA | 3.68% |
| 9 | INTERNATIONAL BUSINESS MACHINES CORP | IBM | 3.58% |
| 10 | MASTERCARD INC CLASS A | MA | 3.57% |