Nicholas Crypto Income ETF
BLOX
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 234 W. Florida Street, Suite 203 Milwaukee WI United States of America
- IPO Date
- Mar 19, 2025
- CIK
- 0001924868
- Website
- nicholasx.com
- Similar Companies
- Business
- Nicholas Crypto Income ETF (BLOX) is an actively managed exchange-traded fund that provides investors with exposure to Bitcoin and Ether through U.S.-listed ETFs and ETPs, alongside investments in crypto industry companies engaged in asset mining, blockchain technology, trading platforms, payment processing, decentralized finance, and direct crypto investments; it employs an options overlay strategy on portfolio holdings to generate current income while pursuing capital appreciation as its primary objective. The fund does not invest directly in cryptocurrencies or their spot prices. Launched on June 17, 2025, and listed on the NYSE, BLOX is issued by Nicholas Wealth Management in partnership with Tidal Investments LLC, with headquarters in Atlanta. BLOX's portfolio includes prominent holdings such as VanEck Bitcoin ETF (HODL), Fidelity Wise Origin Bitcoin Fund (FBTC), iShares Ethereum Trust ETF (ETHA), Hut 8 Corp (HUT), Taiwan Semiconductor Manufacturing (TSM), NVIDIA (NVDA), Cipher Mining (CIFR), Riot Platforms (RIOT), IREN Limited (IREN), and Coinbase Global (COIN); it features approximately 91 holdings, with significant allocations to crypto-related equities, Bitcoin and Ether ETPs, cash equivalents, and options contracts including calls and puts on underlying assets. The fund targets institutional and retail investors seeking diversified crypto ecosystem exposure with weekly income distributions, which have yielded a trailing twelve-month dividend of $3.32 and a distribution rate of around 36% as of late 2025, paid weekly via ex-dates such as December 12, 2025, at $0.1416 per share. With net assets exceeding $200 million, an expense ratio of 1.03%, and a CUSIP of 88636V728, operations remain focused on U.S. markets. Recent developments include surpassing $50 million in assets under management shortly after inception and crossing $100 million in October 2025, highlighting strong investor demand for its income-generating crypto strategy amid market volatility; portfolio managers Jay Pestrichelli, Christopher Mullen, David Nicholas, and Scott Snyder have maintained consistent weekly payouts despite crypto drawdowns, with total returns outperforming Bitcoin and peers like LFGY since launch. No major acquisitions, funding rounds, or reorganizations are reported, but the fund continues active management adjustments to capture upside in blockchain growth while monetizing volatility through options.