Data as of .
BCCC vs BPI: which paid, and which earned it?
BCCC and BPI both write options for income.
What they hold in common
By the books each fund has filed, BCCC and BPI hold 0% of their money in the same securities at the same weight.
| Only in BCCC | Only in BPI |
|---|---|
| CASH 60.21% | TREASURY BILL 100.00% |
| 4IBIT 10/30/2026 C30 31.49% | |
| VANECK BITCOIN ETF 10.15% | |
| 4IBIT 10/30/2026 P30 -0.19% | |
| OTHER PAYABLE & RECEIVABLES -0.60% | |
| 4IBIT 09/25/2026 C46.02 -1.06% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BCCC | BPI | BCCC | BPI | BCCC | BPI | |
| 3 months | +19.2% | +26.6% | 7.7% | 4.0% | −10.0 pts | −2.5 pts |
| 6 months | +9.2% | not published | 14.4% | not published | −6.6 pts | not published |
| 1 year | −25.1% | not published | 24.2% | not published | +5.9 pts | not published |
| Since launch | −15.4% | +5.4% | 35.2% | 5.4% | +7.4 pts | −0.8 pts |
| BCCC Global X Bitcoin Covered Call ETF Covered call on IBIT, paying weekly | BPI Grayscale Bitcoin Premium Income ETF Covered call on IBIT, paying monthly | |
|---|---|---|
| Issuer | Global X | Grayscale |
| Strategy | covered call | covered call |
| Benchmark | Bitcoin (IBIT) | Bitcoin (IBIT) |
| Pays | weekly | monthly |
| Payout rate, annualized | 29.1% | 6.3% |
| Expense ratio | 0.75% | 0.65% |
| Cash paid, 1 year | 24.2% | 5.4% (since launch on Apr 30, 2026) |
| Price change, 1 year | −48.5% | −0.8% |
| Total return, 1 year | −25.1% | +5.4% (since launch on Apr 30, 2026) |
| Benchmark return, 1 year | −31.1% | +6.2% |
| Ahead or behind | +5.9 pts | −0.8 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 471 days | 141 days |
| Net assets | $9m | $3m |
BCCC in plain words
Over the year to Sep 18, 2026, BCCC paid 24.2% of its starting value in cash distributions while its price fell 48.5%. With every distribution reinvested, the fund returned −25.1%. Bitcoin (IBIT) returned −31.1% over the same days, so a holder was ahead by 5.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 29.1%, paid weekly. Global X estimates that 100% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
BPI in plain words
Over the period since launch on Apr 30, 2026 to Sep 18, 2026, BPI paid 5.4% of its starting value in cash distributions while its price fell 0.8%. With every distribution reinvested, the fund returned +5.4%. Bitcoin (IBIT) returned +6.2% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.3%, paid monthly.
Questions people ask
- Which is cheaper, BCCC or BPI?
- BCCC charges 0.75% a year and BPI charges 0.65%, so BPI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BCCC against BPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/bccc-vs-bpi Free to use with attribution; the underlying files are at Open data.