Nicholas Wealth’s 3-Sleeved Crypto ETF BLOX Gathers Traction as ‘Options Income’ Gains Role as Asset Class
A recently launched crypto ETF in the U.S., which offers diversified exposure to digital assets along with options income, is gaining traction in a sign that investors are looking beyond traditional, single-spot-focused products.
The Nicholas Crypto Income ETF (BLOX), an actively managed ETF designed for diversified exposure to the digital assets ecosystem while generating additional income via options strategies, went live on the NYSE on June 17. The ETF is the latest addition to the XFUNDS by Nicholas Wealth suite.
Since then, the ETF has registered a net inflow of around $4.52 million, according to data source VettaFi. BLOX’s website puts the total net assets at $4.9 million.
“The options income space is almost becoming its own asset…
