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BTCI NEOS Bitcoin High Income ETF

Option income on IBIT, paying monthly

Over the year to Sep 18, 2026, BTCI paid 18.6% in cash and finished 2.0 points ahead of IBIT.

NEOS · Income ETFs · data as of

Key facts

18.6%Cash paid, 1 year, on its starting price
−29.1%Total return, 1 year
+2.0 ptsAgainst IBIT
94.0%Return of capital, latest payout (NEOS estimate)

Method

ETFIQ Return Stability Score

45.397th of 173

BTCI paid 18.6% in cash. Its price fell 47.0%, so 100% of what you were paid came back out of your own capital.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −35.8 ptsMDST −28.6 ptsEIPI −26.8 ptsBLOX −26.6 ptsYQQQ −25.3 ptsULTY −24.3 ptsSLTY −22.7 ptsGDXY −21.4 ptsTDVI −20.9 ptsTOPW −19.8 ptsHIGH −18.8 ptsACKY −17.9 ptsYMAX −16.8 ptsHISF −16.4 ptsNDIV −16.4 ptsSDVD −16.4 ptsWEEI −15.8 ptsOARK −15.2 ptsFDND −14.1 ptsSCLZ −14.0 ptsLFGY −13.6 ptsXLRI −13.6 ptsTCAL −13.5 ptsQRMI −13.3 ptsSLJY −13.2 ptsYYY −13.2 ptsYFYA −13.1 ptsHIPS −12.8 ptsJULH −12.1 ptsRNTY −12.0 ptsXLKI −12.0 ptsXBTY −11.8 ptsQUSA −11.7 ptsJULJ −11.5 ptsLJUL −11.5 ptsJANJ −11.4 ptsLJAN −11.4 ptsFGSI −11.3 ptsLOCT −11.2 ptsQLDY −11.2 ptsOCTJ −11.1 ptsCVRD −11.0 ptsIWMY −10.9 ptsJUCY −10.9 ptsAPRJ −10.5 ptsLAPR −10.5 ptsXISE −10.5 ptsXIJN −10.3 ptsAPRH −10.1 ptsJANH −10.1 ptsXIDE −10.1 ptsXLEI −10.0 ptsOCTH −9.9 ptsJEPI −9.5 ptsAIPI −9.4 ptsMAGY −9.4 ptsBAGY −9.2 ptsXIMR −9.1 ptsSRHR −8.8 ptsBUYW −8.1 ptsRDVI −8.0 ptsIAUI −7.7 ptsOVLH −7.5 ptsVEGA −7.2 ptsXV −7.1 ptsYBTC −7.1 ptsFTHI −6.9 ptsBITY −6.7 ptsXLVI −6.7 ptsXRMI −6.3 ptsIGLD −6.2 ptsFEPI −6.1 ptsYLDE −6.0 ptsGPTY −5.7 ptsKHPI −5.5 ptsQQQI −5.3 ptsSPIN −5.2 ptsTYLG −5.2 ptsSPUT −5.1 ptsETCO −4.8 ptsWTPI −4.6 ptsCAIE −4.1 ptsIQQQ −4.1 ptsPAPI −3.8 ptsBIGY −3.6 ptsJEPQ −3.2 ptsXLBI −3.2 ptsISPY −3.1 ptsIWMW −3.0 ptsWEEL −2.3 ptsGIAX −2.1 ptsDIVO −2.0 ptsKNG −1.6 ptsQDTY −1.6 ptsDFII −1.5 ptsRDTY −1.5 ptsTSPY −1.5 ptsYMAG −1.5 ptsBTCC −1.4 ptsNBOS −1.4 ptsNIHI −1.4 ptsEGGY −1.2 ptsSPYI −1.2 ptsRYLD −1.1 ptsRYLG −1.0 ptsXDTE −1.0 ptsXPAY −0.9 ptsSDTY −0.8 ptsWDTE −0.8 ptsJOYT −0.7 ptsQDTE −0.7 ptsKGLD −0.6 ptsQQQY −0.6 ptsRDTE −0.6 ptsTHTA −0.6 ptsXLII −0.6 ptsFTKI −0.5 ptsGPIQ −0.4 ptsFTQI −0.3 ptsSIXH −0.3 ptsDJIA +0.2 ptsLTTI +0.2 ptsDYLG +0.3 ptsGPIX +0.4 ptsXLFI +0.4 ptsQYLG +0.5 ptsHYBI +0.6 ptsHYTI +0.6 ptsIVVW +0.6 ptsLQTI +0.6 ptsXYLG +0.7 ptsTDAQ +1.0 ptsIWMI +1.1 ptsQYLD +1.2 ptsCSHI +1.3 ptsTLTX +1.3 ptsXYLD +1.4 ptsHYGW +1.5 ptsHYBL +1.6 ptsBNDI +1.7 ptsOVS +1.7 ptsPBP +1.9 ptsTLTI +1.9 ptsXLUI +1.9 ptsBALI +2.0 ptsCHPY +2.3 ptsOVB +2.3 ptsOVT +2.3 ptsYBIT +2.3 ptsITWO +2.4 ptsOVL +2.6 ptsYETH +2.8 ptsOVM +2.9 ptsTLTP +3.0 ptsSOXY +3.5 ptsDUBS +3.7 ptsLQDW +3.8 ptsXLYI +4.1 ptsTLTW +4.2 ptsOVF +4.5 ptsDOGG +4.6 ptsOMAH +4.9 ptsIDVO +5.2 ptsSEPI +5.2 ptsBCCC +5.9 ptsCEPI +6.0 ptsIDUB +7.2 ptsXLCI +7.9 ptsBUCK +9.6 ptsUSOY +11.6 ptsXLSI +12.5 ptsKLIP +22.5 ptsBTCI +2.0 ptsBTCI +2.0 pts−35.8 pts+22.5 pts

84.1% of the 173 sit at or below BTCI on this measure.

What happened to the principal
ETCO −75.5%XBTY −74.1%YETH −66.4%YBTC −60.1%BTCC −59.1%YBIT −58.9%BAGY −57.9%ULTY −54.1%BITY −51.5%SLTY −51.5%BCCC −48.5%LFGY −44.7%DFII −43.7%BLOX −40.9%YMAX −40.7%TOPW −37.7%OARK −34.0%GDXY −33.1%KLIP −32.5%YMAG −28.1%YQQQ −25.7%MAGY −25.3%IWMY −24.9%CEPI −22.5%RDTY −21.8%RDTE −21.4%QLDY −20.3%QDTE −19.2%TLTX −18.5%EGGY −16.2%XLYI −15.5%ACKY −15.1%WDTE −14.8%QDTY −14.0%AIPI −13.8%TLTP −13.4%XDTE −13.4%QQQY −13.2%LTTI −12.6%XLUI −11.3%QUSA −11.0%SDTY −10.8%GIAX −10.5%FEPI −10.0%TLTW −9.9%LQTI −9.7%XLRI −9.4%TLTI −9.1%LQDW −8.8%XLCI −8.8%XV −8.8%YYY −8.8%TCAL −8.6%HIGH −8.3%FDND −8.2%GPTY −8.1%IGLD −7.9%RNTY −7.3%HIPS −7.0%HYTI −6.8%XLSI −6.5%OMAH −6.3%XLBI −6.3%IWMW −6.2%XLFI −6.2%HYGW −6.0%XPAY −5.8%HYBI −5.5%OVB −5.0%BNDI −4.9%USOY −4.8%HISF −4.7%OVT −4.3%QRMI −3.8%OVM −3.6%FGSI −3.2%HYBL −2.8%CAIE −2.5%JUCY −2.5%XRMI −2.4%BUCK −2.2%CVRD −2.2%MLPD −2.1%IAUI −2.0%IVVW −2.0%YFYA −1.7%JEPI −1.2%XLII −1.2%XIJN −0.9%WTPI −0.8%JULJ −0.6%XISE −0.6%CSHI −0.4%JULH −0.4%KNG −0.4%BIGY −0.3%LJUL −0.3%QQQI −0.1%TSPY −0.1%JANH 0.0%JANJ 0.0%LAPR 0.0%OCTH 0.0%XIDE 0.0%APRJ +0.1%LJAN +0.1%LOCT +0.1%OCTJ +0.1%APRH +0.3%FTHI +0.3%XIMR +0.5%WEEL +0.7%SRHR +1.0%SDVD +1.2%SPYI +1.2%IWMI +1.3%KHPI +1.5%BUYW +2.1%DJIA +2.4%QYLG +2.4%XYLG +2.6%YLDE +2.6%NIHI +2.8%RYLD +2.9%KGLD +3.4%TDAQ +3.4%DYLG +3.5%FTKI +3.8%XLVI +4.0%SCLZ +4.1%THTA +4.1%RYLG +4.2%PAPI +4.5%XLKI +4.6%PBP +5.5%JEPQ +5.7%SPIN +5.8%XYLD +5.9%NBOS +6.0%SPUT +6.0%DIVO +7.3%GPIX +7.4%ISPY +7.6%DOGG +8.0%FTQI +8.0%MDST +8.2%TDVI +8.2%OVF +8.3%OVS +8.5%OVLH +8.8%VEGA +8.9%QYLD +9.1%BALI +9.2%GPIQ +9.3%OVL +9.4%RDVI +9.6%ITWO +10.5%IQQQ +10.8%SLJY +12.3%EIPI +12.8%XLEI +12.8%SEPI +13.4%SIXH +14.1%IDVO +14.4%JOYT +15.2%WEEI +17.3%IDUB +17.4%DUBS +17.6%NDIV +20.4%CHPY +20.6%TYLG +20.6%SOXY +64.1%BTCI −47.0%BTCI −47.0%−75.5%+64.1%

6.6% of the 173 sit at or below BTCI on this measure.

Weighted evenly, those two positions are what the score combines, across the 173 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark+2.0 pts84.150%
what happened to the principal−47.0%6.650%

All income ETFs ranked by this score · How it is computed

3rd of 9 income ETFs writing on IBIT, by return against it 20th of 369 income ETFs by net assets

What a holder got

BTCI against IBITBTCI returned −29.1% with distributions reinvested against −31.1% for Bitcoin (IBIT), a gap of +2.0 pts. Of that, 18.6% arrived as cash rather than price.−29.1%BTCI total return−31.1%Bitcoin (IBIT)

Over the year to Sep 18, 2026, BTCI returned −29.1% with distributions reinvested and Bitcoin (IBIT) returned −31.1%, so a holder came out ahead of it by 2.0 points. The lighter segment is the 18.6% that arrived as cash rather than as price.

Method

Period by period

BTCI over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnIBITAhead or behind
3 months7.0%+14.4%+22.3%+29.2%−6.9 pts
6 months12.7%−1.9%+11.9%+15.7%−3.8 pts
1 year18.6%−47.0%−29.1%−31.1%+2.0 pts
Since launch54.4%−33.6%+15.5%+20.9%−5.5 pts

Method

When BTCI pays

BTCI pays monthly. The last distribution was $0.7184 a share, which went ex on Sep 16, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 28 days the ex-date falls near Oct 14, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for BTCI. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Oct 14, 2026Oct 16, 2026$0.7184ETFIQ projection
Every distribution ETFIQ holds for BTCI (13, most recent first)
Cash distributions per share for BTCI. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 16, 2026$0.7184
Aug 19, 2026$0.6289
Jul 22, 2026$0.6458
Jun 16, 2026$0.6525
May 20, 2026$0.7934
Apr 22, 2026$0.7982
Mar 18, 2026$0.7804
Feb 18, 2026$0.7608
Jan 21, 2026$1.0427
Dec 24, 2025$0.9967
Nov 26, 2025$1.0181
Oct 22, 2025$1.2999
Sep 24, 2025$1.3401

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Oct 17, 2024, BTCI has returned +15.5% with distributions reinvested, against +20.9% for Bitcoin (IBIT), and has paid out 54.4% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 26.3%. NEOS estimates that 94% of the distribution paid Jun 18, 2026 was a return of capital. That is the issuer’s own Rule 19a-1 estimate and a tax characterization, made before the fund year closes: it says the payment included money the fund gave back rather than earned, not that the fund is eroding.

BTCI (NEOS Bitcoin High Income ETF), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategyoption income
BenchmarkBitcoin (IBIT) (proxy)
Paysmonthly
Net assets (issuer page, as of Sep 18, 2026)$1.3bn
Latest payout, annualized (ETFIQ)26.3%
Expense ratio (485BPOS XBRL, Apr 30, 2026)0.99%
Cash paid, last 12 months, over today’s price (ETFIQ)35.0%
LaunchedOct 17, 2024
Return of capital, latest distribution (NEOS 19a-1 estimate)94.0%
Paysmonthly
Typical gap between ex-dates28 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.7184 ex Sep 16, 2026
Sum of the last 12 distributions$10.1358

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 these figures are computed

Questions people ask

How much has BTCI paid over the last year?
Over the year to Sep 18, 2026, BTCI paid 18.6% of its starting price in cash distributions, while the price fell 47.0%.
Is BTCI ahead of IBIT?
Over the year to Sep 18, 2026, with every distribution reinvested, BTCI returned −29.1% against −31.1% for Bitcoin (IBIT), so a holder was ahead of it by 2.0 points.
How often does BTCI pay, and how much?
BTCI pays monthly. The latest distribution annualizes to 26.3% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
Is the BTCI distribution return of capital?
NEOS estimates 94% of the distribution paid Jun 18, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
When does BTCI next pay a distribution?
BTCI pays monthly. The last distribution went ex on Sep 16, 2026 at $0.7184 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Oct 14, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
What does BTCI cost?
The prospectus expense ratio is 0.99% 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 characterization, 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 used here, defined in full on the income ETFs 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.

Compare BTCI

Also against BLOX, BPI, BTCC, CEPI, DFII, EHCC, EHY, ETCO, ETTY, LFGY, NEHI, SOLM, XBCI, XBTY, XEY, XRPM, YBIT, YBTC, YETH.

Funds near this one

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BTCI payout bar, ETFIQ

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Where BTCI is written about

BTCI, Income ETFs, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open BTCI live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, BTCI, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/btci Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources