BLCK ETF Drops to 23% Below High Amidst Mixed Market Conditions

The BLCK ETF, launched in 2026 by Corgi Funds, has been trading at $22.85, which is 23% below its high of $29.68 and 9.5% above its low of $20.86.

The fund holds a concentrated portfolio of 33 crypto-related stocks with a focus on miners and data-center operators, making up 47.9% of the net assets, followed by exchanges, brokers, and fintech platforms at 50.5%.

Average daily trading volume is around 551 shares, which can lead to liquidity issues due to the fund's small market value of $457,070.

The portfolio managers, Isaac Hargett, Anthony Crinieri, and Miles Braden, have an average tenure of less than a year, making this a high-risk investment.