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The Nicholas Global Equity and Income ETF (GIAX) Crosses $100 Million in Assets
Business Wire (Tue, 23-Jun 9:00 AM ET)
The Fund is an actively managed exchange-traded fund that primarily seeks capital appreciation, with a secondary objective of current income. The Fund's strategy includes three components: (i) Equity Portfolio: Holding equity shares of companies that have principal business activities in the "crypto asset" industry, referred to as Crypto Industry Companies. These Companies are engaged in crypto asset mining, blockchain technology development, crypto asset trading platforms, financial services related to the crypto asset industry; (ii) Crypto Portfolio: providing exposure to the share price (i.e., the price returns) of U.S.-listed exchange-traded funds (ETFs) and/or exchange-traded products (ETPs) that seek exposure to bitcoin or ether which is also a crypto asset (the Underlying Funds); and (iii) Options Overlay: generating income through an options strategies, which involves using options contracts on the individual holdings of the equity portfolio as well as the Underlying Funds . The Fund may invest directly in the Underlying Funds and it may also utilize options strategies, including synthetic covered calls and credit call spreads, that are designed to provide indirect exposure to the share price returns of one or more Underlying Funds.
Nicholas Crypto Income ETF trades on the ARCA stock market under the symbol BLOX.
As of July 2, 2026, BLOX stock price declined to $14.40 with 801,487 million shares trading.
BLOX has a beta of 2.63, meaning it tends to be more sensitive to market movements. BLOX has a correlation of 0.39 to the broad based SPY ETF.
BLOX has a market cap of $290.16 million. This is considered a Small Cap stock.
BLOX has underperformed the market in the last year with a price return of -1.3% while the SPY ETF gained +21.3%. However, in the short term, BLOX had mixed performance relative to the market. It has outperformed in the last 3 months, returning +24.4% vs +13.9% return in SPY. But in the last 2 weeks, BLOX shares have been beat by the market, returning -15.4% compared to an SPY return of -0.3%.
BLOX support price is $14.43 and resistance is $15.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BLOX shares will trade within this expected range on the day.
