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ETFIQetfiq.com · independent ETF data

Data as of .

BITA vs ETCO: which paid, and which earned it?

BITA and ETCO both write options for income.

iShares Bitcoin Premium Income ETF and Grayscale Ethereum Covered Call ETF.

3.7%BITA cash paid, 1 year
35.2%ETCO cash paid, 1 year
+21.0%BITA total return, 1 year
−47.4%ETCO total return, 1 year
BITA2.8 pts behind IBIT · since launch to Sep 18, 2026
IBIT+23.8%BITA+21.0%2.8 pts behind IBITTotal return, distributions reinvestedIBIT+23.8%BITA+21.0%2.8 pts behind IBIT
ETCO4.8 pts behind ETHA · 1 year to Sep 18, 2026
ETHA−42.6%ETCO−47.4%4.8 pts behind ETHATotal return, distributions reinvestedETHA−42.6%ETCO−47.4%4.8 pts behind ETHA

What they hold in common

By the books each fund has filed, BITA and ETCO hold 0% of their money in the same securities at the same weight.

Only in each
Only in BITAOnly in ETCO
BITCOIN 67.78%TREASURY BILL 100.00%
ISHARES BITCOIN TRUST ETF CL1 32.88%
BLK CSH FND TREASURY SL AGENCY 0.07%
SEP26 IBIT C @ 45.000000 -0.04%
OCT26 IBIT C @ 45.000000 -0.13%
OCT26 IBIT C @ 44.000000 -0.15%
SEP26 IBIT C @ 41.000000 -0.41%

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 17, 2026.

Performance, window by window

BITA and ETCO over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BITAETCOBITAETCOBITAETCO
3 months+24.6%+18.4%3.9%11.7%−4.6 pts−36.3 pts
6 monthsnot published−1.3%not published22.6%not published−25.1 pts
1 yearnot published−47.4%not published35.2%not published−4.8 pts
Since launch+21.0%−43.1%3.7%38.1%−2.8 pts−4.7 pts
Open the live comparison on ETFIQ
BITA and ETCO on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BITA
iShares Bitcoin Premium Income ETF
Covered call on IBIT, paying monthly
ETCO
Grayscale Ethereum Covered Call ETF
Covered call on ETHA, paying monthly
IssueriSharesGrayscale
Strategycovered callcovered call
BenchmarkBitcoin (IBIT)Ether (ETHA)
Paysmonthlymonthly
Payout rate, annualized12.8%19.8%
Expense rationot published0.65%
Cash paid, 1 year3.7% (since launch on Jun 16, 2026)35.2%
Price change, 1 year+16.6%−75.5%
Total return, 1 year+21.0% (since launch on Jun 16, 2026)−47.4%
Benchmark return, 1 year+23.8%−42.6%
Ahead or behind−2.8 pts−4.8 pts
Return of capital, latest estimatenot publishednot published
Age94 days379 days
Net assets$87m$4m

BITA in plain words

Over the period since launch on Jun 16, 2026 to Sep 18, 2026, BITA paid 3.7% of its starting value in cash distributions while its price rose 16.6%. With every distribution reinvested, the fund returned +21.0%. Bitcoin (IBIT) returned +23.8% over the same days, so a holder was behind by 2.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.8%, paid monthly.

ETCO in plain words

Over the year to Sep 18, 2026, ETCO paid 35.2% of its starting value in cash distributions while its price fell 75.5%. With every distribution reinvested, the fund returned −47.4%. Ether (ETHA) returned −42.6% over the same days, so a holder was behind by 4.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 19.8%, paid monthly.

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.

BITA against ETCO, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BITA against ETCO, data as of Sep 18, 2026. https://etfiq.com/compare/income/bita-vs-etco Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources