---
ticker: "BPI"
name: "Grayscale Bitcoin Premium Income ETF"
url: "https://etf.net/etf/BPI"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "Crypto Option Income"
category_rank: "13 of 22"
methodology: "https://etf.net/methodology"
---

# BPI: Grayscale Bitcoin Premium Income ETF

Grade **C**, Score 40 of 100. Rank 13 of 22 in Crypto Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 90 | 1 of 22 |
| Mission | Not scored | — |
| Risk | 48 | 12 of 22 |
| Tradability | 17 | 21 of 22 |
| Holdings | 70 | 2 of 14 |
| Durability | 49 | 14 of 22 |

## Top holdings

The fund holds 3 positions. These are the largest 3, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | United States Treasury Bill 12/24/2026 | 101.18% |
| 2 | — | Gbtc 12/18/2026 65.26 C | 6.08% |
| 3 | FGXXX | First American Government Obligations Fund 12/01/2031 | 0.35% |

Source: etf.net, https://etf.net/etf/BPI. Please cite the page URL.