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Amplify ETF Sees Opportunity in Crypto Despite Regulatory Pressure and Sues Against Binance and Coinbase

Despite regulatory crackdowns on the crypto industry, institutional investors still have hope for more exposure to digital assets. Portfolio managers at Amplify ETF, Dan Weiskopf and Mike Venuto, believe that disruptor companies are currently on sale and long-term investors who fail to capture the transformational change from blockchain and digital assets are missing out on a fundamental paradigm shift.

The Transformational Data Sharing ETF (BLOK) at Amplify has increased its portfolio's net exposure to Bitcoin miners to as much as 22%, which has helped BLOK grow more than 31% year to date. BLOK's holdings include shares of MicroStrategy, Galaxy Digital, Coinbase, and Block, as well as leading Bitcoin mining companies, such as Riot Platform, Marathon Digital, CleanSpark, and Hut 8, among others.

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