Euronext Amsterdam · UCITS ETF
Invest in BLKC ETF from India
Indian and foreign residents can buy iShares Blockchain Technology UCITS ETF (BLKC) units directly through Paasa.
By Paasa · Updated
BLKC at a glance
- Price
- $17.58+$0.56 (3.30%)
- Expense ratio
- 0.5%
- Day range
- $17.45 – $17.96
- Assets
- $361.1M
- Domicile
- Ireland
- Holdings
- 40
- Launched
- 2022
- Dividends
- —
- 1 month
- +5.55%
- 6 months
- +29.06%
- YTD
- +9.41%
- 1 year
- -13.56%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1COINBASE GLOBAL INC CLASS A12.7%
- 2CIRCLE INTERNET GROUP INC CLASS A10.1%
- 3IREN8.8%
- 4HUT CORP6.4%
- 5ADVANCED MICRO DEVICES5.2%
- 6RIOT PLATFORMS4.6%
- 7NVIDIA4.1%
- 8TENCENT HOLDINGS4.0%
- 9MASTERCARD CLASS A4.0%
- 10APPLIED DIGITAL4.0%
BLKC holds 40 securities in total. These 10 are 63.9% of the fund.
Where the money is invested
Sectors
- Financial Services67.5%
- Technology27.1%
- Communication Services4.4%
- Consumer Defensive0.9%
- Utilities0.2%
Countries
- United States80.5%
- Australia8.9%
- China6.0%
- Germany1.5%
- Singapore1.1%
- Cayman Islands0.8%
How to invest in BLKC from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search BLKC and buy
Find the fund by its ticker, BLKC, on Euronext Amsterdam, and place your order.
Why invest in BLKC from India
What BLKC holds
This investment product is designed to provide investors with a financial return, generated by both the appreciation in value of its holdings and the earnings those assets produce. Its objective is to closely mirror the performance of the NYSE FactSet Global Blockchain Technologies Capped Index.
Outside US estate tax
BLKC is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
BLKC is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why BLKC's UCITS structure matters for Indian investors
BLKC is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy BLKC from India?
Yes. Indian residents can buy iShares Blockchain Technology UCITS ETF (BLKC) through Paasa. It is listed on Euronext Amsterdam and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does BLKC invest in?
iShares Blockchain Technology UCITS ETF holds 40 securities. Its largest holdings are COINBASE GLOBAL INC CLASS A (12.7%), CIRCLE INTERNET GROUP INC CLASS A (10.1%) and IREN (8.8%). Financial Services is its largest sector at 67.5%. The fund is domiciled in Ireland.
What is the expense ratio of BLKC?
iShares Blockchain Technology UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $361.1M.
Is BLKC a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Blockchain Technology UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
What tax do I pay in India when I sell BLKC?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.