Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

BTCC vs SOLM: which paid, and which earned it?

BTCC and SOLM both write options for income.

Grayscale Bitcoin Covered Call ETF and Amplify Solana 3% Monthly Option Income ETF.

29.0%BTCC cash paid, 1 year
16.6%SOLM cash paid, 1 year
−32.5%BTCC total return, 1 year
−38.4%SOLM total return, 1 year
BTCC1.4 pts behind IBIT · 1 year to Sep 18, 2026
IBIT−31.1%BTCC−32.5%1.4 pts behind IBITTotal return, distributions reinvestedIBIT−31.1%BTCC−32.5%1.4 pts behind IBIT
SOLM37.7 pts behind BITQ · since launch to Sep 18, 2026
BITQ−0.7%SOLM−38.4%37.7 pts behind BITQTotal return, distributions reinvestedBITQ−0.7%SOLM−38.4%37.7 pts behind BITQ

What they hold in common

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

Only in each
Only in BTCCOnly in SOLM
TREASURY BILL 100.00%BSOL 11/20/2026 11.05 C 32.59%
Bitwise Solana Staking ETF 25.45%
United States Treasury Bill 11/24/2026 12.43%
Invesco Government & Agency Portfolio 12 11.88%
United States Treasury Bill 12/01/2026 9.94%
Cash & Other 7.89%
United States Treasury Bill 12/03/2026 7.45%
United States Treasury Bill 11/27/2026 2.49%

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 21, 2026.

Performance, window by window

BTCC and SOLM over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BTCCSOLMBTCCSOLMBTCCSOLM
3 months+12.8%+45.1%10.4%9.5%−16.4 pts+47.3 pts
6 months+4.3%+4.8%20.2%14.6%−11.4 pts−29.0 pts
1 year−32.5%not published29.0%not published−1.4 ptsnot published
Since launch−17.7%−38.4%53.5%16.6%−10.8 pts−37.7 pts
Open the live comparison on ETFIQ
BTCC and SOLM on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BTCC
Grayscale Bitcoin Covered Call ETF
Covered call on IBIT, paying monthly
SOLM
Amplify Solana 3% Monthly Option Income ETF
Option income on BITQ, paying monthly
IssuerGrayscaleAmplify
Strategycovered calloption income
BenchmarkBitcoin (IBIT)Crypto industry (BITQ), used as the crypto proxy
Paysmonthlymonthly
Payout rate, annualized20.2%31.7%
Expense ratio0.65%0.75%
Cash paid, 1 year29.0%16.6% (since launch on Nov 4, 2025)
Price change, 1 year−59.1%−54.4%
Total return, 1 year−32.5%−38.4% (since launch on Nov 4, 2025)
Benchmark return, 1 year−31.1%−0.7%
Ahead or behind−1.4 pts−37.7 pts
Return of capital, latest estimatenot publishednot published
Age534 days318 days
Net assets$17m$2m

BTCC in plain words

Over the year to Sep 18, 2026, BTCC paid 29.0% of its starting value in cash distributions while its price fell 59.1%. With every distribution reinvested, the fund returned −32.5%. Bitcoin (IBIT) returned −31.1% over the same days, so a holder was behind by 1.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.2%, paid monthly.

SOLM in plain words

Over the period since launch on Nov 4, 2025 to Sep 18, 2026, SOLM paid 16.6% of its starting value in cash distributions while its price fell 54.4%. With every distribution reinvested, the fund returned −38.4%. Crypto industry (BITQ), used as the crypto proxy returned −0.7% over the same days, so a holder was behind by 37.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 31.7%, paid monthly.

Questions people ask

Which is cheaper, BTCC or SOLM?
BTCC charges 0.65% a year and SOLM charges 0.75%, so BTCC 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.

BTCC against SOLM, 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, BTCC against SOLM, data as of Sep 18, 2026. https://etfiq.com/compare/income/btcc-vs-solm Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources