Siren Nasdaq NexGen Economy ETF Price & Performance (BLCN)

Major institutional investors, including Raymond James Financial, have increased their stakes in the Siren Nasdaq NexGen Economy ETF (BLCN), even as the fund's stock price fell 3.2% this week. Recent filings show significant new positions, suggesting continued confidence in the ETF's blockchain-focused strategy despite near-term volatility.12

Technical analysis indicates the Siren Nasdaq NexGen Economy ETF (BLCN) is showing strong short-term momentum but remains weak over the long term. AI-generated ratings highlight robust near- and mid-term support, while caution persists due to underperformance against longer-term benchmarks. Investors are advised to watch for confirmation of a sustained uptrend.34

Interest in Web3 and blockchain ETFs is growing, with the Siren Nasdaq NexGen Economy ETF (BLCN) returning 7.32% over the past year. The fund, among the earliest to target blockchain technology, features holdings such as Terawulf and MicroStrategy, attracting investors seeking exposure to the expanding Web3 sector.56