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BPI vs ICOI

Grayscale Bitcoin Premium Income ETF vs Bitwise COIN Option Income Strategy ETF

BPI

Grayscale Bitcoin Premium Income ETF

Grayscale

Annual cost

0.65%

Fund size

$3M

ICOI

Bitwise COIN Option Income Strategy ETF

Bitwise Investments

Annual cost

0.96%

Fund size

$24M

Key differences

  • BPI costs 0.31% less per year.
  • ICOI is significantly larger than BPI — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

BPIICOI
Annual cost (TER)0.65%0.96%
Fund size (AUM)$3M$24M
Since20252025
Dividend yield25.35%364.28%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomeoption income
CAGR 1Y-26.6%-40.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y38.86%48.84%
Max drawdown-47.05%-58.10%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BPI and ICOI