Nicholas Silver Income ETF

The Nicholas Silver Income ETF is an actively managed exchange-traded fund that provides targeted exposure to the silver market while generating income through an innovative options strategy. It combines three core components: an equity portfolio of publicly traded companies engaged in the exploration, development, mining, and production of silver; a commodities portfolio offering direct price exposure to silver via U.S.-listed exchange-traded funds and products; and an actively managed options overlay on both portfolios to harvest premiums for regular income distributions. Launched on February 18, 2026, by XFUNDS from Nicholas Wealth in partnership with Tidal Investments LLC, this ETF aims to deliver capital appreciation alongside income, distinguishing it from traditional precious metals investments. It plays a key role in the financial markets by offering investors a diversified approach to the silver industry, which is vital for sectors like electronics, solar energy, and jewelry, while seeking to mitigate volatility through its multi-layered structure.