Which paid more, BTCI or ETCO?

Over the year to Nov 4, 2026, BTCI paid 18.3% of its starting price in cash and ETCO paid 40.5%, so ETCO paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, BTCI or ETCO?

With every distribution reinvested, BTCI returned −20.8% and ETCO −29.6% over the year to Nov 4, 2026.

Which is cheaper, BTCI or ETCO?

BTCI charges 0.99% a year and ETCO charges 0.65%, so ETCO is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

BTCI vs ETCO: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, ETCO paid 40.5% of its price in cash against BTCI’s 18.3%, though BTCI returned more with it reinvested.

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Net assets: $1.4bn on Oct 28, 2026 for NEOS Bitcoin High Income ETF, and $3.5m on Jun 30, 2026 for Grayscale Ethereum High Income ETF.

BTCI on its own →ETCO on its own →

At a glance

18.3%

BTCI cash paid, 1 year

40.5%

ETCO cash paid, 1 year

−20.8%

BTCI total return, 1 year

−29.6%

ETCO total return, 1 year

BTCI · 1 year to Nov 4, 2026 About even with Bitcoin

BTCI

−20.8%

Bitcoin

−20.5%

About even with Bitcoin

BTCI over 1 year: paid 18.3%, price −39.3%, total −20.8%, Bitcoin −20.5%, −0.3 pts. Data to Nov 4, 2026.

Bitcoin

−20.5%

BTCI

−20.8%

about even with Bitcoin

Total return, distributions reinvested

About even with Bitcoin

BTCI over 1 year: paid 18.3%, price −39.3%, total −20.8%, Bitcoin −20.5%, −0.3 pts. Data to Nov 4, 2026.

Bitcoin

−20.5%

BTCI

−20.8%

about even with Bitcoin

18.3% of it arrived as cash. Total return, distributions reinvested. BTCI over 1 year: paid 18.3%, price −39.3%, total −20.8%, Bitcoin −20.5%, −0.3 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

ETCO · 1 year to Nov 4, 2026 4.9 pts behind Ether

ETCO

−29.6%

Ether

−24.7%

4.9 pts behind Ether

ETCO over 1 year: paid 40.5%, price −64.0%, total −29.6%, Ether −24.7%, −4.9 pts. Data to Nov 4, 2026.

Ether

−24.7%

ETCO

−29.6%

4.9 pts behind Ether

Total return, distributions reinvested

4.9 pts behind Ether

ETCO over 1 year: paid 40.5%, price −64.0%, total −29.6%, Ether −24.7%, −4.9 pts. Data to Nov 4, 2026.

Ether

−24.7%

ETCO

−29.6%

4.9 pts behind Ether

40.5% of it arrived as cash. Both charts share one scale, with zero at the line. ETCO over 1 year: paid 40.5%, price −64.0%, total −29.6%, Ether −24.7%, −4.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

ETCO costs 0.34 points a year less; their one-year returns differ by 8.8 points.

Points (pts) are percentage points.

BTCI vs ETCO: Dividend Yield & Total Return
Measure	BTCI	ETCO
Paid and earned
Measure	BTCI	ETCO
Total return, 1 year	−20.8%	−29.6%
Price change, 1 year	fell 39.3%	fell 64.0%
Return of capital, issuer estimate	92% of the Oct 23, 2026 payment
Against its benchmark
Measure	BTCI	ETCO
Benchmark	Bitcoin (BTC-USD)	Ether (ETH-USD)
Cost and size
Measure	BTCI	ETCO
Expense ratio	0.99%	0.65%
Net assets, BTCI as of Oct 28, 2026 and ETCO as of Jun 30, 2026	$1.4bn	$3.5m
Holdings
Measure	BTCI	ETCO
Holdings in common	0%

ETFIQ Distribution Coverage Score · ETCO scores higher How much of what it paid out did its total return cover?

IQ Income Score4.5BTCI6.3ETCO

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

BTCI 4.5

ETCO 6.3

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

By the books each fund has filed, BTCI and ETCO hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BTCI ETCO

Only in one fund ↓

Only in BTCI

iShares Bitcoin Trust ETF 17.12%

CBTX US 01/15/27 C1980 3.40%

VanEck Bitcoin ETF 1.87%

CBTX US 12/18/26 C2000 -0.53%

CBTX US 12/18/26 C1930 -0.79%

CBTX US 01/15/27 P1980 -8.94%

Only in ETCO

Check overlap with more funds →

Side by side

BTCI NEOS Bitcoin High Income ETF · Option income on Bitcoin, paying monthly ETCO Grayscale Ethereum High Income ETF · Covered call on Ether, paying monthly

Issuer NEOS Grayscale

Strategy option income covered call

Benchmark Bitcoin (BTC-USD) Ether (ETH-USD)

Pays monthly monthly

Payout rate, annualized 26.4% 19.6%

Expense ratio 0.99% 0.65%

Cash paid, 1 year 18.3% 40.5%

Price change, 1 year −39.3% −64.0%

Total return, 1 year −20.8% −29.6%

Benchmark return, 1 year −20.5% −24.7%

Ahead or behind −0.3 pts −4.9 pts

Return of capital, latest estimate 92% not published

Age 2.0 years 1.2 years

Net assets, BTCI as of Oct 28, 2026 and ETCO as of Jun 30, 2026 $1.4bn $3.5m

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: BTCI vs ETCO: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	BTCI	ETCO	BTCI	ETCO	BTCI	ETCO
3 months	+17.5%	+4.4%	7.1%	10.7%	−6.0 pts	−21.9 pts
6 months	−4.4%	−16.4%	11.0%	18.5%	−2.7 pts	−19.4 pts
1 year	−20.8%	−29.6%	18.3%	40.5%	−0.3 pts	−5.0 pts
Since launchNot the same days: BTCI Oct 2024 · ETCO Sep 2025	+13.6%	−46.9%	55.8%	39.5%	−6.2 pts	−3.5 pts

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Alert

About each fund

BTCI

Over the year to Nov 4, 2026, BTCI paid 18.3% of its starting value in cash distributions while its price fell 39.3%. With every distribution reinvested, the fund returned −20.8%. Bitcoin (BTC-USD) returned −20.5% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 26.4%, paid monthly. NEOS estimates that 92% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

ETCO

Over the year to Nov 4, 2026, ETCO paid 40.5% of its starting value in cash distributions while its price fell 64.0%. With every distribution reinvested, the fund returned −29.6%. Ether (ETH-USD) returned −24.7% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 19.6%, paid monthly.

Questions people ask

Which paid more, BTCI or ETCO?: Over the year to Nov 4, 2026, BTCI paid 18.3% of its starting price in cash and ETCO paid 40.5%, so ETCO paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, BTCI or ETCO?: With every distribution reinvested, BTCI returned −20.8% and ETCO −29.6% over the year to Nov 4, 2026.
Which is cheaper, BTCI or ETCO?: BTCI charges 0.99% a year and ETCO charges 0.65%, so ETCO is cheaper. Fees come from each fund's prospectus.

Other comparisons

BTCI vs EHY BTCI vs EHCC BTCI vs NEHI BTCI vs ETTY ETCO vs YBTC ETCO vs YBIT ETCO vs DFII ETCO vs XBTY

Where to next

BTCI on its own →ETCO on its own →BTCI dividend history →BTCI holdings →ETCO dividend history →Method →Standards and sources →

Sources and dates

BTCI filings on SEC EDGAR ↗

BTCI prospectus with the expense ratio (SEC) ↗

BTCI 19a-1 distribution notice ↗

NEOS page for BTCI ↗

ETCO filings on SEC EDGAR ↗

ETCO prospectus with the expense ratio (SEC) ↗

Grayscale website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, BTCI against ETCO, data as of Nov 4, 2026. https://etfiq.com/compare/income/btci-vs-etco

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.