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XBCINEOS Boosted Bitcoin High Income ETF

Get incomeTake a betNewRanked #414 of 775 in this goal

Seeks to boost performance by generating high monthly income with potential for appreciation based on exposure to Bitcoin ETPs.

By Neos Funds · Launched 2026

Annual Cost

0.98%

#4,853 of 5,562 · expensive

Fund Size

$72M

#3,240 of 5,562 · mid-size

Dividend YieldGoal

Track Record

4 months

#5,225 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$8,250-17.5%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 4 holdings = 20.2% of fundwell diversified

iShares Bitcoin Trust ETFIBIT
12.3%
VanEck Bitcoin ETFHODL
7.2%
First American Treasury Obligs XFXFXX
0.7%
Northern US Government Select MMktNOSXX
0.0%

Asset allocation

Cash
55.1%
Other
31.9%
Stocks
13.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-34.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks to boost performance by generating high monthly income with potential for appreciation based on exposure to Bitcoin ETPs.
Strategy
Actively managed ETF investing in exchange-traded spot Bitcoin ETPs and employing an options strategy to generate high monthly income. Utilizes leverage to enhance exposure to Bitcoin and income. The Fund may invest in a controlled foreign corporation for indirect exposure to Bitcoin and may hold shares of Spot Bitcoin ETPs directly. The options strategy includes selling put options and buying call options on Bitcoin-related instruments to provide income and exposure to Bitcoin price returns.
Inception date
February 2, 2026
Fund family
Neos Funds

Our take

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

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

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

Why we flagged this: strategy=option_income + option_income_strategy

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 2026-06-19