Nicholas Crypto Income ETF (BLOX) offers diversified digital asset exposure and options income, attracting investors.

A new crypto ETF in the U.S., Nicholas Crypto Income ETF (BLOX), offers diversified exposure to digital assets and options income, attracting investors beyond traditional products. Since launch, it has seen a net inflow of $4.52 million and total net assets of $4.9 million.

Managed by XFUNDs, the ETF includes equity investments in crypto-related firms and digital asset holding companies, as well as exposure to select bitcoin and ether exchange-traded funds. Top holdings include BlackRock’s Ethereum ETF, Coinbase, and Nvidia, providing unique performance not solely tied to bitcoin’s price.

The fund’s three-sleeved structure generates income through options strategies like call/put spreads and covered calls on crypto and equity holdings. Subscribers receive income from options and dividends weekly, capturing asset appreciation and providing additional income.

Nicholas mentioned plans to accommodate major altcoins like Solana and XRP in the ETF as they gain approval from the SEC. Any new assets will be added through amendments to the existing fund structure, expanding broad crypto exposure without the need for a new ETF.

Read more at Yahoo Finance: Crypto ETF BLOX, Which Offers Digital Asset Exposure and Options Income, Gains Steam