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BITYAmplify Bitcoin 2% Monthly Option Income ETF

Get income1y track recordRanked #1,354 of 1,650 in this goal

Seeks to balance high income and capital appreciation through investment exposure to the price return of bitcoin and a covered call strategy.

By Amplify ETFs · Launched 2025

Annual Cost

0.65%

#3,427 of 5,854 · average

Fund Size

$12M

#4,815 of 5,854 · small

Dividend YieldGoal

42.14%

Track Record

1 year

#4,265 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$5,439-45.6%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 6 holdings = 60.2% of fundconcentrated

TREASURY BILL
35.4%
iShares Bitcoin Trust ETF
23.4%
N/A
11.2%
Invesco Government & Agency Po
0.2%
N/A
0.0%
N/A
-10.0%

Asset allocation

Cash
68.2%
Other
38.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
41.6%High

Year-on-year price swings

Max drawdown
-50.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to balance high income and capital appreciation through investment exposure to the price return of bitcoin and a covered call strategy.
Strategy
Participates in the price return of bitcoin through Bitcoin ETPs and generates high annualized option premium by selling call options on U.S. regulated ETFs that provide bitcoin exposure. Aims for 24% annualized option premium through a synthetic covered call strategy.
Inception date
April 28, 2025
Fund family
Amplify ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-03