NEOS ETF Trust NEOS Bitcoin High Income ETFNEOS ETF Trust NEOS Bitcoin High Income ETFNEOS ETF Trust NEOS Bitcoin High Income ETF

NEOS ETF Trust NEOS Bitcoin High Income ETF

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Key stats


Assets under management (AUM)
‪241.50 M‬USD
Fund flows (1Y)
‪225.06 M‬USD
Dividend yield (indicated)
27.58%
Discount/Premium to NAV
0.4%
Shares outstanding
‪4.02 M‬
Expense ratio
0.98%

About NEOS ETF Trust NEOS Bitcoin High Income ETF


Issuer
NEOS Investments LLC
Brand
Neos
Home page
Inception date
Oct 17, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Neos Investment Management LLC
Distributor
Foreside Fund Services LLC
BTCI invests in ETPs with exposure to bitcoin and bitcoin futures while employing call option strategies that provide high monthly income. The actively managed fund utilizes a proprietary, rules-based, systematic model to manage options positions. The fund utilizes a synthetic covered call strategy via exchange-traded and FLEX options. This, however, limits participation in potential gains if the ETF shares increase in value. The fund may employ a bear call spread to generate a net credit when the adviser believes a futures ETFs price will decrease, remain unchanged, or only increase slightly. This happens when the premium earned from the option sold is greater than what is paid to purchase a call option further out-of-the-money or from the strike price. The fund will hold US Treasurys as collateral. Investments may be held in a wholly owned Cayman Island subsidiary. The fund may take advantage of tax loss harvesting to capture losses in order to offset gains.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short USD
Niche
Derivative
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Miscellaneous
Bonds, Cash & Other100.00%
Government68.08%
Miscellaneous25.15%
Rights & Warrants6.27%
Mutual fund3.07%
Cash−2.56%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to BTCI via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BTCI trades at 61.19 USD today, its price has risen 1.34% in the past 24 hours. Track more dynamics on BTCI price chart.
BTCI net asset value is 61.35 today — it's risen 21.77% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BTCI assets under management is ‪241.50 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BTCI price has risen by 13.59% over the last month, and its yearly performance shows a 21.77% increase. See more dynamics on BTCI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 21.77% over the last month, showed a 9.16% increase in three-month performance and has increased by 14.00% in a year.
BTCI fund flows account for ‪225.06 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BTCI invests in bonds. See more details in our Analysis section.
BTCI expense ratio is 0.98%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BTCI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, BTCI pays dividends to its holders with the dividend yield of 27.58%.
BTCI trades at a premium (0.41%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BTCI shares are issued by NEOS Investments LLC
BTCI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 17, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.