Nicholas Bitcoin Tail ETF (BHDG)

Assets	$16.37M
Expense Ratio	0.97%
PE Ratio	n/a
Shares Out	740,000
Dividend (ttm)	n/a
Dividend Yield	n/a
Ex-Dividend Date	n/a
Payout Frequency	n/a
Payout Ratio	n/a

Volume	107
Open	22.37
Previous Close	22.13
Day's Range	22.37 - 22.44
52-Week Low	22.10
52-Week High	26.67
Beta	n/a
Holdings	10
Inception Date	n/a

About BHDG

Fund Home Page

The Nicholas Bitcoin Tail ETF (BHDG) is an exchange-traded fund that mostly invests in long btc, short usd currency. 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.

• Asset Class: Currency
• Stock Exchange: NASDAQ
• Ticker Symbol: BHDG
• ETF Provider: Nicholas

Top Holdings

Name	Symbol	Weight
First American Government Obligs X	FGXXX	91.60%
IBIT US 11/20/26 P43	n/a	13.31%
IBIT US 08/28/26 C43	n/a	3.28%
United States Treasury Bills 0%	B.0 10.15.26	3.04%
IBIT US 09/18/26 P35	n/a	2.22%
OTHER ASSETS AND LIABILITIES	n/a	1.45%
IBIT US 08/28/26 C46	n/a	0.81%
IBIT US 08/28/26 C45	n/a	-1.53%
IBIT US 08/28/26 C42	n/a	-4.77%
Cash Offset	n/a	-9.40%

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:

Aug 29, 2026

Data Sources Report a data error