BITK · Tuttle Capital Bitcoin 0DTE Covered Call ETF
Over the past year BITK paid 19.2% in cash and still finished 19.4 points behind IBIT.
What a holder got
Over the year to Sep 4, 2026, BITK returned −49.2% with distributions reinvested and Bitcoin (IBIT) returned −29.8%, so a holder came out behind it by 19.4 points. The lighter segment is the 19.2% that arrived as cash rather than as price.
Period by period
| Window | Cash paid | Price | Total return | IBIT | Ahead or behind |
|---|---|---|---|---|---|
| 3 months | 2.1% | +3.6% | +5.8% | +32.5% | −26.7 pts |
| 6 months | 6.4% | −12.4% | −6.5% | +17.2% | −23.6 pts |
| Since launch | 19.2% | −61.2% | −49.2% | −29.8% | −19.4 pts |
In plain words
With every distribution reinvested, the fund returned −49.2%. Bitcoin (IBIT) returned −29.8% over the same days, so a holder was behind by 19.4 pts. At its price on Sep 4, 2026 the latest distribution annualises to 21.1%, paid weekly.
| Strategy | 0DTE covered call |
|---|---|
| Benchmark | Bitcoin (IBIT) (proxy) |
| Pays | weekly |
| Net assets (SEC filing, whole fund, as filed for Jun 30, 2026) | $2m |
| Latest payout, annualised (ETFIQ) | 21.1% |
| Expense ratio (prospectus XBRL) | 0.95% |
| Cash paid, trailing 12 months (ETFIQ) | 49.5% |
| Launched | Sep 24, 2025 |
Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How this desk computes every figure
Questions people ask
- How much has BITK paid over the last year?
- Over the period from its launch on Sep 24, 2025 to Sep 4, 2026, BITK paid 19.2% of its starting price in cash distributions, while the price fell 61.2%.
- Is BITK ahead of IBIT?
- Over the period from its launch on Sep 24, 2025 to Sep 4, 2026, with every distribution reinvested, BITK returned −49.2% against −29.8% for Bitcoin (IBIT), so a holder was behind it by 19.4 points.
- How often does BITK pay, and how much?
- BITK pays weekly. The latest distribution annualises to 21.1% at its price on Sep 4, 2026, which is not a promise; the next one can differ.
- What does BITK cost?
- The prospectus expense ratio is 0.95% a year.
The words on this page
- Total return
- What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
- Cash paid
- Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
- Ahead or behind
- The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
- Return of capital
- The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterisation, not a measure of erosion.
- Covered call
- Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.
Every term this desk uses, defined in full on the income desk vocabulary page.
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.
Funds near this one
Put this on your own page
The payout bar for BITK, redrawn every trading night. Free to use with the credit link; paste these two lines into any page or newsletter.
<a href="https://etfiq.com/funds/BITK.html"><img src="https://etfiq.com/embed/income/BITK.svg" alt="BITK payout bar, ETFIQ" width="640"></a>
<p><a href="https://etfiq.com/funds/BITK.html">BITK payout bar, updated daily by ETFIQ</a></p>Use this data, or open the live card
Open BITK on the live ETFIQ desk, where the figures update as the desk refreshes.
Cite this page. ETFIQ, BITK on the income desk, data as of Sep 4, 2026. https://etfiq.com/funds/BITK.html Free to use with attribution; the underlying files are at Open data.