BPIGrayscale Bitcoin Premium Income ETF

Get income1y track recordRanked #1,499 of 1,706 in this goal

Seeks current income while maintaining prospects for capital appreciation through options on Bitcoin exchange-traded products.

By Grayscale · Launched 2025

Annual Cost

0.65%

#3,547 of 6,040 · average

Fund Size

$2M

#5,557 of 6,040 · small

Return (1Y)

-30.6%

Track Record

1 year

#4,227 of 6,040 · young

Performance

Total-return NAV · USD

Growth of $10,000

$7,395-26.0%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

Holdings

By weight

Concentration

Top 3 holdings = 99.9% of fundconcentrated

First American Government Obli

79.3%

N/A

20.8%

N/A

-0.2%

Asset allocation

Stocks

52.7%

Cash

47.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

40.8%High

Year-on-year price swings

Max drawdown

-70.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.08Below average

Sortino (3Y)

-0.13Moderate downside risk

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks current income while maintaining prospects for capital appreciation through options on Bitcoin exchange-traded products.
Strategy: Actively manages a portfolio of options on Bitcoin ETPs to generate current income and maintain capital appreciation prospects. The Fund has indirect exposure to digital assets and utilizes a synthetic covered call strategy, investing at least 80% of net assets in Bitcoin ETP Options.
Inception date: April 1, 2025
Fund family: Grayscale