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Purpose Bitcoin Yield ETF (BTCY-U.TO)
About this ETF
The fund provides an alternative approach to holding long exposure to Bitcoin. The fund buys an ETF that holds Bitcoin, primarily Purpose Bitcoin ETF, and actively writes covered call and/or put options against 10-50% of the portfolio. Option contracts may be exchange-trading or over-the-counter. The contracts sold are either at-the-money or out-of-the-money and expected to have 1-3 months to expiration. The amount of the portfolio written against, the type of option writing, and terms are based on the managers assessment of the market and option premiums available. The investment objective of the fund is total return, yield and long-term capital appreciation. The use of options is not to lower volatility. In addition to the investment risks, investors should consider the…
Price
Top 10 holdings
This fund does not disclose a securities portfolio (e.g. physically-backed or synthetic products).
Sector mix
No sector breakdown available for this fund.
Price chart
Returns
| 1 month | +0.48% |
| 3 months | -17.81% |
| 6 months | -39.83% |
| Year to date | -37.87% |
| 1 year | -53.85% |
| 3 years (ann.) | +3.48% |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 48.93% |
| Sharpe (1y) | -1.33 |
| Sharpe (3y) | 0.30 |
| Sortino (1y) | -1.83 |
| Max drawdown (1y) | -60.69% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -75.27% |
| Beta vs S&P 500 (1y) | 1.35 |
| Correlation vs S&P 500 (1y) | 0.35 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
This fund does not disclose a securities portfolio (e.g. physically-backed commodity products or some synthetic structures).
Cost vs. peers
Comparison universe: 184 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-26 | — | USD 0.0820 |
| 2026-05-27 | — | USD 0.0820 |
| 2026-04-28 | — | USD 0.0820 |
| 2026-03-27 | — | USD 0.0820 |
| 2026-02-25 | 2026-03-03 | USD 0.0820 |
| 2026-01-28 | 2026-02-03 | USD 0.0820 |
| 2025-12-29 | 2026-01-05 | USD 0.0820 |
| 2025-11-26 | 2025-12-02 | USD 0.0820 |
| 2025-10-29 | 2025-11-04 | USD 0.0820 |
| 2025-09-25 | 2025-10-02 | USD 0.0815 |
| 2025-08-27 | 2025-09-03 | USD 0.0815 |
| 2025-07-29 | 2025-08-05 | USD 0.0815 |
| 2025-06-26 | 2025-07-03 | USD 0.0820 |
| 2025-05-28 | 2025-06-03 | USD 0.0820 |
| 2025-04-28 | 2025-05-02 | USD 0.0815 |
| 2025-03-27 | 2025-04-02 | USD 0.0815 |
| 2025-02-26 | 2025-03-04 | USD 0.0815 |
| 2025-01-29 | 2025-02-04 | USD 0.0815 |
| 2024-12-27 | 2025-01-06 | USD 0.0820 |
| 2024-11-27 | 2024-12-03 | USD 0.0820 |
| 2024-10-29 | 2024-11-04 | USD 0.0510 |
| 2024-09-26 | 2024-10-02 | USD 0.0510 |
| 2024-08-28 | 2024-09-04 | USD 0.0510 |
| 2024-07-29 | 2024-08-02 | USD 0.0510 |
| 2024-06-26 | 2024-07-03 | USD 0.0510 |
| 2024-05-29 | 2024-06-04 | USD 0.0510 |
| 2024-04-26 | 2024-05-07 | USD 0.0510 |
| 2024-03-26 | 2024-04-05 | USD 0.0510 |
| 2024-02-27 | 2024-03-07 | USD 0.0450 |
| 2024-01-29 | 2024-02-07 | USD 0.0450 |
| 2023-12-27 | 2024-01-08 | USD 0.0450 |
| 2023-11-28 | 2023-12-07 | USD 0.0450 |
| 2023-10-27 | 2023-11-07 | USD 0.0375 |
| 2023-09-27 | 2023-10-10 | USD 0.0530 |
| 2023-08-29 | 2023-09-08 | USD 0.0530 |
| 2023-07-27 | 2023-08-08 | USD 0.0530 |
| 2023-06-28 | 2023-07-10 | USD 0.0450 |
| 2023-05-30 | 2023-06-07 | USD 0.0450 |
| 2023-04-26 | 2023-05-05 | USD 0.0450 |
| 2023-03-29 | 2023-04-10 | USD 0.0235 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| iShares Bitcoin Trust ETF IBIT | 0.25% | 46.82B | — | -45.40% | -1.13 |
| Grayscale Bitcoin Trust ETF GBTC | 1.50% | 8.67B | — | -46.00% | -1.16 |
| Invesco Senior Loan ETF BKLN | 0.67% | 7.19B | 6.56% | -2.67% | -0.81 |
| abrdn Physical Gold Shares ETF SGOL | 0.17% | 6.81B | — | +20.15% | 0.80 |
| Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF PDBC | 0.74% | 5.34B | 3.01% | +27.55% | 1.37 |
| iShares Ethereum Trust ETF ETHA | 0.25% | 4.93B | — | -37.38% | -0.34 |
| abrdn Physical Silver Shares ETF SIVR | 0.30% | 3.97B | — | +55.06% | 1.04 |
| abrdn Physical Precious Metals Basket Shares ETF GLTR | 0.60% | 2.48B | — | +28.38% | 0.84 |
| abrdn Bloomberg All Commodity Strategy K-1 Free ETF BCI | 0.26% | 2.38B | 13.79% | +10.98% | 0.59 |
| Bitwise Bitcoin ETF Trust BITB | 0.20% | 2.32B | — | -45.29% | -1.13 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| iShares Bitcoin ETP IB1T.PA | 0.15% | 1.03B | 0.0% |
| WisdomTree Physical Bitcoin BTCW.SW | 0.15% | 1.19B | 0.0% |
| abrdn Physical Gold Shares ETF SGOL | 0.17% | 6.81B | 0.0% |
| Invesco AAA CLO Floating Rate Note ETF ICLO | 0.19% | 508.14M | 0.0% |
| WisdomTree U.S. Efficient Core Fund NTSX | 0.20% | 1.37B | 0.0% |
