As suspected, YG Entertainment has confirmed that the new unit�BH�is indeed a female duo. Along with confirming, they also revealed that the upcoming song will be a fun, familiar tune, despite the sightly creepy vibe in the teaser video!

SEE ALSO: YG Entertainment teases mysterious new unit, BH!

A YG Entertainment rep revealed, "This unit's 'All I Want For Christmas Is You' is actually a cover of Mariah Carey's song of the same title. This is an upbeat track which has received love from the public for a long time... As for the unit, it consists of two female members."

Netizens are already making guesses that the 'BH' stands for Park Bom and Lee Hi so be on the lookout to find out if the speculations are right!