Nicholas Wealth Launches Income-Focused Precious Metals ETFs

New GLDN and SLVX ETFs provide exposure to gold and silver markets with an options-based income strategy

Published on Feb. 21, 2026

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XFUNDS by Nicholas Wealth, a leading provider of actively-managed income ETFs, announced the launch of two new ETFs: the Nicholas Gold Income ETF (GLDN) and the Nicholas Silver Income ETF (SLVX). Both funds combine equity exposure to precious metals companies, direct commodity exposure through ETFs, and an options overlay strategy to generate income.

Why it matters

The new GLDN and SLVX ETFs offer investors a way to gain exposure to the gold and silver markets while also generating regular income through an actively managed options strategy, which is often missing from traditional precious metals funds.

The details

GLDN provides exposure to the gold market, while SLVX provides exposure to the silver market, through a mix of precious metals-related equities and ETFs. The funds also employ an actively managed options strategy across both the equity and commodities portfolios to generate income through option premiums.

  • The new ETFs were launched on February 18, 2026.

The players

XFUNDS by Nicholas Wealth

A leading provider of actively-managed income ETFs.

Nicholas Gold Income ETF (GLDN)

An ETF that provides exposure to the gold market and generates income through an options strategy.

Nicholas Silver Income ETF (SLVX)

An ETF that provides exposure to the silver market and generates income through an options strategy.

Tidal Investments LLC

A firm that partnered with XFUNDS by Nicholas Wealth to launch the new precious metals ETFs.

David Nicholas

CEO of XFUNDS by Nicholas Wealth.

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What they’re saying

“Gold and silver have historically served as long-term hedges against the gradual erosion of purchasing power. With GLDN and SLVX, we wanted to give investors and financial advisors a way to access both the metals themselves and the companies that benefit from them, while also incorporating an income component that is often missing from traditional precious metals exposure.”

— David Nicholas, CEO of XFUNDS by Nicholas Wealth (Business Wire)

What’s next

The new GLDN and SLVX ETFs are now available for investors to access on the NYSE Arca exchange.

The takeaway

The launch of the GLDN and SLVX ETFs by XFUNDS by Nicholas Wealth provides investors with a unique way to gain exposure to the gold and silver markets while also generating regular income through an actively managed options strategy, a feature that is often lacking in traditional precious metals funds.