- What are the top holdings of NGHT?
- A machine-readable holdings disclosure for Nicholas Bitcoin and Treasuries AfterDark ETF (NGHT) is not available from our data sources — fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
- What sectors does NGHT invest in?
- Nicholas Bitcoin and Treasuries AfterDark ETF (NGHT) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is NGHT most exposed to?
- NGHT's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is NGHT a US-only fund?
- The country allocation card on this page shows NGHT's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does NGHT invest in?
- NGHT is an actively managed ETF. It aims to capture bitcoins overnight return profile by reducing exposure during US daytime trading hours. Historically night trading has exhibited different return and volatility characteristics. The ETF does not hold bitcoin directly, it will use a Cayman Island subsidiary to hold bitcoin futures, options, swaps, or other bitcoin ETPs, overnight. The exposure will shift to cash or US Treasuries each day, shortly after the US equity market opens for trading. During the trading day the fund may use bitcoin options to manage risk or smooth transitions between trading sessions and hold Treasury bills as collateral. Performance may differ from bitcoin returns overnight due to expenses, trading costs, liquidity, valuation methods, tracking error, and mechanics of investment instruments used. The fund can also use reverse repurchase agreements as a form of borrowing and increase flexibility in managing the fund.
