BLOX, the Nicholas Crypto Income ETF, provides investors with a unique combination of equity, crypto, and options exposure—all while generating a steady income stream. Launched by Nicholas Wealth in partnership with Tidal Investments, this actively managed ETF is designed for those seeking diversified crypto exposure without sacrificing potential upside.
How BLOX Works: A Three-Pronged Strategy
Equity Portfolio: Invests in publicly traded companies integral to the crypto ecosystem, such as:
- Coinbase Global Inc. (COIN)
- Robinhood Markets Inc. (HOOD)
- MicroStrategy (MSTR)
- Block Inc. (XYZ)
- Crypto Sleeve: Offers direct exposure to Bitcoin and Ether via U.S.-listed ETFs like the iShares Ethereum Trust ETF (ETHA).
Options Overlay: Generates income through:
- Selling put spreads on crypto holdings
- Selective covered calls/put spreads on equity positions
👉 Discover how BLOX compares to traditional covered call ETFs
Why BLOX Stands Out
- No Capped Upside: Unlike typical covered call ETFs, BLOX’s strategy aims to preserve bullish potential.
- Weekly Dividends: Distributes income more frequently than monthly-paying funds.
- Active Management: Adapts to market conditions for optimal risk/reward balance.
FAQs About BLOX
Q: What’s the expense ratio?
A: 1.03%—competitive for an actively managed, multi-asset ETF.
Q: How does the options strategy reduce risk?
A: Put spreads and selective call writing limit downside while enhancing yield.
Q: Can BLOX replace Bitcoin holdings?
A: It offers Bitcoin exposure plus income, making it a complementary tool.
Nicholas Wealth’s Income ETF Suite
- FIAX: Fixed-income alternative with Treasury securities and options.
- GIAX: Global equities paired with index call spreads for income.
👉 Explore income-generating crypto strategies