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BITA

GradeANASDAQ Global Market

The iShares Bitcoin Premium Income ETF

Single-stock strategy · Option Income · IShares · Inception 2026-06-08 · SEC filings

This fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.

$63.33−1.14 (−1.76%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Jun 16, 2026.History starts Jun 16, 2026.History starts Jun 16, 2026.
Intraday session: down, 51 prints from 64.46 to 63.33. Range 63.11 to 64.29. Use the arrow keys to read each point.$63.00$63.50$64.0010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$94M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
2
Volume · 30D
0M sh
NAV per share
$64.47
52W range
low $47.65high $65.49

The ETF.net BITA Grade

A

89/ 100

Rank 1 of 22 in Crypto Option Income⁠

Confidence Medium

Six-pillar profile for BITA. Scores out of 100: Cost 90, Risk 99, Mission not scored, Tradability 87, Holdings not scored, Durability 60. Strongest: Risk (99). Weakest: Durability (60). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 89 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 90
    Category rank2/22 · top 9%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 99
    Category rank1/22 · top 5%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 87
    Category rank2/22 · top 9%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 60
    Category rank10/22 · top 45%

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on BITA

ETF.net Research

ABlackRock's take on the bitcoin income trade: own actual bitcoin, then sell calls on only a quarter to a third of it. Most crypto covered-call funds hand over the upside to buy the yield. This one is built to leave most of it on the table.

Stated mandate

The Trust seeks to reflect the performance of bitcoin while generating premium income through an actively managed strategy of selling call options primarily on IBIT shares and, from time to time, on ETP indices.

Why people hold it

  1. 01Holds spot bitcoin and IBIT shares directly, and the sponsor aims to write calls on a predetermined 25% to 35% of notional value, leaving the majority of the position unwritten.sec.gov
  2. 020.65% expense ratio, below the 0.85% typical of crypto options-income funds and at the low end of the category's strongest implementations (BTCC 0.66%, CEPI 0.85%, YBTC 0.96%).
  3. 03The partnership wrapper earns its keep: IBIT options are Section 1256 contracts eligible for 60/40 blended rates, and partnerships skip forced year-end capital gain distributions.ishares.com
  4. 04Among the better-built options in a crowded crypto income shelf, with the calls written on IBIT, the deepest-traded bitcoin ETP options market.ishares.com

Worth knowing

  1. 01That same partnership structure means a Schedule K-1 instead of a 1099, which lands later in tax season and can add filing steps.ishares.com
  2. 02Calls written on part of the book cap gains on that slice. The premium income is paid for with upside, not conjured from thin air.sec.gov
  3. 03Launched in 2026 and structured as a trust outside the Investment Company Act, so the record is short and it trades lighter than the category's biggest names.sec.gov

BITA Holdings

As of Sep 22, 2026, 5:19 AM
Asset class
Other
Holdings
2
Top-10 weight
101%
Largest holding
BITCOIN68.3%

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—BITCOIN68.31%757$61M11
002—ISHARES BITCOIN TRUST ETF CL132.83%637,588$29M2
003—USD CASH0.16%139,482$139K193
004—BLK CSH FND TREASURY SL AGENCY0.06%58,031$58K440

Showing 1–4 of 4 holdings

BITA Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BITA$12,850
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. BITA $12,850. SPY $10,415. Use the arrow keys to read each point.$8,973$11,082$13,191Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BITA. Periods over one year show the average yearly return.
PeriodBITA
Year to dateFund launched this year—
1 month+9.8%
3 months+28.5%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BITA
YearReturn barBITA
2026 YTD+26.7%

History from Jun 16, 2026

BITA in the news

BITA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.66 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 3 payments in 2026 YTD. Jul 2, 2026 $0.52; Aug 4, 2026 $0.80; Sep 2, 2026 $0.66. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 2, 2026Sep 8, 2026$0.66
Aug 4, 2026Aug 7, 2026$0.80
Jul 2, 2026Jul 8, 2026$0.52

BITA Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.10
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BITA Cost

Expense ratio0.65%
  • The middle half of Crypto Option Income funds
  • Median 0.85%

No Crypto Option Income fund charges less.

BITA costs $65.00 a year on $10,000. The median Crypto Option Income fund costs $85.00.