Nicholas Bitcoin Tail ETF (BHDG)

Assets	$15.32M
Expense Ratio	0.97%
PE Ratio	n/a
Forward PE	n/a
Shares Out	720,000
Dividend	n/a
Ex-Dividend Date	n/a
Payout Frequency	n/a
Payout Ratio	n/a

Volume	63,586
Open	21.35
Previous Close	21.27
Day's Range	21.21 - 21.35
52-Week Low	20.51
52-Week High	26.67
Beta	n/a
Holdings	11
Inception Date	Mar 17, 2026

About BHDG

Fund Home Page

The Nicholas Bitcoin Tail ETF (BHDG) is an exchange-traded fund that mostly invests in bitcoin. The fund is an actively managed, providing indirect bitcoin exposure through an options-based strategy aiming to hedge against significant declines in the price of bitcoin and/or bitcoin-related investments. It seeks long-term capital appreciation. BHDG was launched on Mar 17, 2026 and is issued by Nicholas.

• Asset Class: Currency
• Category: Digital Assets
• Stock Exchange: Nasdaq
• Ticker Symbol: BHDG
• ETF Provider: Nicholas

Top 10 Holdings

112.49% of assets

Name	Symbol	Weight
United States Treasury Bills 0%	B.0 07.08.27	43.72%
United States Treasury Notes 2.38%	T.2.375 05.15.27	40.05%
IBIT US 11/20/26 P43	n/a	17.91%
OTHER ASSETS AND LIABILITIES	n/a	5.76%
United States Treasury Notes 3.38%	T.3.375 09.15.27	3.23%
First American Government Obligs X	FGXXX	3.07%
IBIT US 10/16/26 C49	n/a	0.97%
IBIT US 10/16/26 C48.5	n/a	0.35%
IBIT US 10/16/26 C47.5	n/a	-0.67%
IBIT US 10/16/26 C48	n/a	-1.90%

Performance

Data Sources: S&P Global Market Intelligence, CBOE, and more

Historical data is provided by S&P Global Market Intelligence. Real-time stock price data is provided by CBOE and 15-minute delayed consolidated tape pricing data is provided by Nasdaq UTP. Several fund data points are also provided by Finnhub.

Last checked:

Oct 17, 2026

Data Sources Report a data error