Data as of Nov 4, 2026.

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Income ETFs

BPI vs XBTY: Dividend Yield & Total Return

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BPI and XBTY both write options for income.

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Net assets: $2.9m on Jun 30, 2026 for Grayscale Bitcoin Premium Income ETF, and $8.8m on Nov 3, 2026 for GraniteShares YieldBOOST Bitcoin ETF.

At a glance

Pair scorecard

BPI costs 0.53 points a year less.

Points (pts) are percentage points.

BPI vs XBTY: Dividend Yield & Total Return
MeasureBPIXBTY
Paid and earned
Total return, 1 yearnot published−25.3%
Price change, 1 yearfell 62.5%
Return of capital, issuer estimate93% of the Sep 22, 2026 payment
Against its benchmark
BenchmarkBitcoin (BTC-USD)Bitcoin (BTC-USD)
Against its benchmark, same daysbehind by 4.8 pts
Cost and size
Expense ratio0.65%1.18%
Net assets, BPI as of Jun 30, 2026 and XBTY as of Nov 3, 2026$2.9m$8.8m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, BPI and XBTY hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

0 half 100%

half

0% in common

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Side by side

BPI Grayscale Bitcoin Premium Income ETF · Covered call on Bitcoin, paying monthly XBTY GraniteShares YieldBOOST Bitcoin ETF · Synthetic covered call on Bitcoin, paying weekly
Strategy covered call synthetic covered call
Benchmark Bitcoin (BTC-USD) Bitcoin (BTC-USD)
Pays monthly weekly
Payout rate, annualized 8.8% 29.7%
Expense ratio 0.65% 1.18%
Cash paid, 1 year not available 40.3%
Price change, 1 year not available −62.5%
Total return, 1 year not available −25.3%
Benchmark return, 1 year not available −20.5%
Ahead or behind not available −4.8 pts
Return of capital, latest estimate not published 93%
Age not stated 1.5 years
Net assets, BPI as of Jun 30, 2026 and XBTY as of Nov 3, 2026 $2.9m $8.8m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: BPI vs XBTY: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowBPIXBTYBPIXBTYBPIXBTY
3 months+22.4%+7.0%5.1%7.6%−1.1 pts−16.5 pts
6 months−0.5%−4.7%7.5%16.0%+1.2 pts−3.0 pts
1 year–−25.3%–40.3%–−4.8 pts
Since launch–−33.6%–60.8%–−9.9 pts

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About each fund
BPI

At its price on Nov 4, 2026 the latest distribution annualizes to 8.8%, paid monthly.

XBTY

Over the year to Nov 4, 2026, XBTY paid 40.3% of its starting value in cash distributions while its price fell 62.5%. With every distribution reinvested, the fund returned −25.3%. Bitcoin (BTC-USD) returned −20.5% over the same days, so a holder was behind by 4.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 29.7%, paid weekly. GraniteShares estimates that 93% of the distribution paid Sep 22, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, BPI or XBTY?
BPI charges 0.65% a year and XBTY charges 1.18%, so BPI is cheaper. Fees come from each fund's prospectus.
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ETFIQ, BPI against XBTY, data as of Nov 4, 2026. https://etfiq.com/compare/income/bpi-vs-xbty

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