Data as of . 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.
BPI · Grayscale Bitcoin Premium Income ETF
Grayscale · Income desk
Open the live card on ETFIQOver the period since launch on Apr 30, 2026 to Sep 4, 2026, BPI paid 4.9% of its starting value in cash distributions while its price fell 2.0%. With every distribution reinvested, the fund returned +3.6%. Bitcoin (IBIT) returned +4.4% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 4, 2026 the latest distribution annualises to 10.3%, paid monthly.
| Strategy | covered call |
|---|---|
| Benchmark | Bitcoin (IBIT) (proxy) |
| Pays | monthly |
| Payout rate, annualised (ETFIQ) | 10.3% |
| Expense ratio (prospectus XBRL) | 0.65% |
| Cash paid, trailing 12 months (ETFIQ) | 5.0% |
| Launched | Apr 30, 2026 |
| 3 months: paid / price / total / IBIT / ahead or behind (ETFIQ) | 4.5% / +24.6% / +30.0% / +32.5% / −2.5 pts |
| since launch: paid / price / total / IBIT / ahead or behind (ETFIQ) | 4.9% / −2.0% / +3.6% / +4.4% / −0.8 pts |
Questions people ask
- How much has BPI paid over the last year?
- Over the period from its launch on Apr 30, 2026 to Sep 4, 2026, BPI paid 4.9% of its starting price in cash distributions, while the price fell 2.0%.
- Is BPI ahead of IBIT?
- Over the period from its launch on Apr 30, 2026 to Sep 4, 2026, with every distribution reinvested, BPI returned +3.6% against +4.4% for Bitcoin (IBIT), so a holder was behind it by 0.8 points.
- How often does BPI pay, and how much?
- BPI pays monthly. The latest distribution annualises to 10.3% at its price on Sep 4, 2026, which is not a promise; the next one can differ.
- What does BPI cost?
- The prospectus expense ratio is 0.65% a year.
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.
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Cite this page. ETFIQ, BPI on the income desk, data as of Sep 4, 2026. https://etfiq.com/funds/BPI.html Free to use with attribution; the underlying files are at Open data.
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