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Launched · SEC filings

The iShares Bitcoin Premium Income ETF

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

$62.23+0.23 (+0.37%)

At close: Oct 13, 2026, 4:00 PM

A89/ 100

Rank 1 of 22 in Crypto Option Income

A89/100Rank 1 of 22inCrypto Option Income
Intraday session: up, 60 prints from 62.00 to 62.23. Range 62.16 to 62.65. Use the arrow keys to read each point.62.1062.4062.5062.6010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$97M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
4
Avg volume · 30D
0M sh
NAV per share
$61.70
52W range
low $47.65high $65.49
Launched
Filings
SEC EDGAR

The ETF.net BITA Grade

Based on 4 of 6 pillars

A

Score 89 out of 100

Category
Crypto Option Income⁠
Rank
1 of 22
Six-pillar profile for BITA. Scores out of 100: Cost 90, Risk 98, Mission not scored, Tradability 87, Holdings not scored, Durability 60. Strongest: Risk (98). Weakest: Durability (60). Based on 4 of 6 pillars.

Score 89 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A90 out of 100
    Rank 1 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A98 out of 100
    Rank 1 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A87 out of 100
    Rank 1 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B60 out of 100
    Rank 10 of 22

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 Oct 12, 2026
Asset class
Other
Holdings
4
Top-10 weight
101%
Largest holding
Bitcoin66.5%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Bitcoin66.50%785$65M11
002—Ishares Bitcoin Trust Etf CL134.17%718,288$33M2
003—Blk Csh Fnd Treasury Sl Agency0.08%77,742$78K437
004—Etd Lo USD Balance With R93538<0.01%4,151$4K2

Showing 1–4 of 4 holdings

BITA Performance

Launched Jun 9, 2026

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

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
BITA$12,488
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. BITA $12,488. SPY $10,332. Use the arrow keys to read each point.$9,405$11,274$13,143Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 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+6.4%
3 months+24.9%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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+23.2%

History from Jun 16, 2026

BITA in the news

Filtered to BITA · Crypto Option Income

BITA Dividends

Last payment
$0.73 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. 4 payments in 2026 YTD. Jul 2, 2026 $0.52; Aug 4, 2026 $0.80; Sep 2, 2026 $0.66; Oct 2, 2026 $0.73. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 2, 2026Oct 7, 2026$0.73
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.

Other funds in Crypto Option Income

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