List of Flash News about Blox
Time | Details |
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2025-07-06 14:28 |
Crypto ETF BLOX Gains Momentum with Options Income Strategy; Polyhedra (ZKJ) Announces Buyback After 80% Crash
According to @CrypNuevo, the recently launched Nicholas Crypto Income ETF (BLOX) is gaining traction, having registered net inflows of approximately $4.52 million since its debut on June 17. The actively managed fund provides diversified exposure through a three-sleeve strategy: investing in crypto-related equities like Coinbase (COIN) and Marathon Digital (MARA), holding spot Bitcoin (BTC) and Ether (ETH) ETFs, and generating weekly income by writing options spreads on its holdings. David Nicholas, CEO of XFUNDs, stated the fund is open to including other altcoin ETFs, such as a potential Solana (SOL) ETF, upon regulatory approval. In other market-moving news, crypto protocol Polyhedra has announced a buyback plan for its ZKJ token after its price plummeted over 80%. The team attributes the crash to a coordinated liquidity attack and has since injected about $30 million in USDT, USDC, and BNB to provide DEX liquidity and restore confidence. |