Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

BTCI vs XRPM: which paid, and which earned it?

BTCI and XRPM both write options for income.

NEOS Bitcoin High Income ETF and Amplify XRP 3 Monthly Premium Income ETF.

18.6%BTCI cash paid, 1 year
15.6%XRPM cash paid, 1 year
−29.1%BTCI total return, 1 year
−48.5%XRPM total return, 1 year
BTCI2 pts ahead of IBIT · 1 year to Sep 18, 2026
IBIT−31.1%BTCI−29.1%2 pts ahead of IBITTotal return, distributions reinvestedIBIT−31.1%BTCI−29.1%2 pts ahead of IBIT
XRPM76.3 pts behind BITQ · since launch to Sep 18, 2026
BITQ+27.9%XRPM−48.5%76.3 pts behind BITQTotal return, distributions reinvestedBITQ+27.9%XRPM−48.5%76.3 pts behind BITQ

What they hold in common

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

Only in each
Only in BTCIOnly in XRPM
United States Treasury Bill 78.13%XRPC 12/18/2026 11.25 C 27.22%
iShares Bitcoin Trust ETF 14.10%Canary XRP ETF 26.37%
VanEck Bitcoin ETF/US 7.77%Invesco Government & Agency Portfolio 12 23.01%
United States Treasury Bill 11/05/2026 8.34%
United States Treasury Bill 11/24/2026 8.32%
Cash & Other 6.98%
United States Treasury Bill 11/19/2026 6.24%
United States Treasury Bill 11/03/2026 4.17%

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

BTCI and XRPM over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BTCIXRPMBTCIXRPMBTCIXRPM
3 months+22.3%−3.8%7.0%8.3%−6.9 pts−1.6 pts
6 months+11.9%−21.4%12.7%14.4%−3.8 pts−55.3 pts
1 year−29.1%not published18.6%not published+2.0 ptsnot published
Since launch+15.5%−48.5%54.4%15.6%−5.5 pts−76.3 pts
Open the live comparison on ETFIQ
BTCI and XRPM on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BTCI
NEOS Bitcoin High Income ETF
Option income on IBIT, paying monthly
XRPM
Amplify XRP 3 Monthly Premium Income ETF
Covered call on BITQ, paying monthly
IssuerNEOSAmplify
Strategyoption incomecovered call
BenchmarkBitcoin (IBIT)Crypto industry (BITQ), used as the crypto proxy
Paysmonthlymonthly
Payout rate, annualized26.3%37.4%
Expense ratio0.99%not published
Cash paid, 1 year18.6%15.6% (since launch on Nov 18, 2025)
Price change, 1 year−47.0%−60.9%
Total return, 1 year−29.1%−48.5% (since launch on Nov 18, 2025)
Benchmark return, 1 year−31.1%+27.9%
Ahead or behind+2.0 pts−76.3 pts
Return of capital, latest estimate94%not published
Age701 days304 days
Net assets$1.3bn$12m

BTCI in plain words

Over the year to Sep 18, 2026, BTCI paid 18.6% of its starting value in cash distributions while its price fell 47.0%. With every distribution reinvested, the fund returned −29.1%. Bitcoin (IBIT) returned −31.1% over the same days, so a holder was ahead by 2.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 26.3%, paid monthly. NEOS estimates that 94% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

XRPM in plain words

Over the period since launch on Nov 18, 2025 to Sep 18, 2026, XRPM paid 15.6% of its starting value in cash distributions while its price fell 60.9%. With every distribution reinvested, the fund returned −48.5%. Crypto industry (BITQ), used as the crypto proxy returned +27.9% over the same days, so a holder was behind by 76.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 37.4%, 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.

BTCI against XRPM, 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, BTCI against XRPM, data as of Sep 18, 2026. https://etfiq.com/compare/income/btci-vs-xrpm Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources