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ETF Comparison

BITY vs BTCI: Which Is the Better Pick in 2026?

A head-to-head comparison of Amplify Bitcoin 24% Premium Income ETF and NEOS Bitcoin High Income ETF covering yield, cost, risk, and income potential.

Data updated September 4, 2026

Best for

  • BITYInvestors who want to maximize current income — roughly 24.00%, generated by selling options premium.
  • BTCIInvestors who want crypto exposure that pays you along the way, not just price gains.

Jump to the side-by-side numbers

Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Total returns

BITY has lagged BTCI over the trailing twelve months, posting a -34.53% total return against -27.56%. Measured from Apr 2025 — when the younger fund began trading — BTCI has compounded at -10.92% a year versus -16.51% for BITY. Figures are total returns: price change plus every distribution reinvested.

Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
SymbolYTD1YSince Apr 2025Volatility Sharpe Sortino Max drawdown
BITY-16.60%-34.53%-16.51%41.8%-1.12-1.48-50.8%
BTCI-12.51%-27.56%-10.92%40.2%-0.91-1.21-48.4%

Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of September 4, 2026. YTD and 1Y are cumulative; windows of one year or longer are annualized. “Since Apr 2025” measures every fund from April 29, 2025 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the past year. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the past year) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.

Side-by-side snapshot

Side-by-side snapshot. Each row is one metric; each column is one fund.
MetricBITYBTCI
Full nameAmplify Bitcoin 24% Premium Income ETFNEOS Bitcoin High Income ETF
IssuerAmplify ETFsNEOS
Underlying indexBitcoinBitcoin ETPs
Last Close$28.35 as of September 4, 2026$32.88 as of September 4, 2026
Distribution rate24.00%22.95%
Distribution Safety Score™ 4146
Safety-Adjusted Yield 9.84%10.56%
Expense ratio0.65%0.98%
AUM$13.6M$1.30B
Distribution frequencyMonthlyMonthly
ObjectiveSeeks to provide monthly income with Bitcoin exposure through a premium income strategy targeting approximately 24% annual distribution while maintaining potential for capital appreciation.Seeks to generate high monthly income with potential appreciation through bitcoin exposure.
Asset classEquityEquity
Inception date04/29/202510/16/2024
Beta1.78931.6764
Last dividend$0.567$0.6289
Ex-dividend date08/28/202608/19/2026

Bottom lineChoose BITY if you want to maximize current income — roughly 24.00%, generated by selling options premium. Choose BTCI if you want crypto exposure that pays you along the way, not just price gains.

How the risk works

Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.

  • Capped upside and premium dependence. BITY and BTCI generate income by selling options, which trades away part of a strong rally in exchange for premium. Distributions can include return of capital, and a payout the underlying assets cannot sustain shows up as NAV erosion over time — the big yield number is not free.
  • Crypto volatility. BITY and BTCI sit on top of crypto-asset prices, which routinely swing far more than equities. A single drawdown can exceed a year of distributions, so income projections deserve extra skepticism here.

Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

ETFs46
Total AUM$16.9B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Amplify ETFs is known for offering specialized, thematic investment solutions across diverse market segments including digital assets, commodities, and dividend strategies. The issuer's lineup spans multiple fund families covering income-focused strategies, covered call approaches, commodity exposure, and thematic sectors such as cybersecurity, blockchain, gaming, and sustainable investing. Notable for tickers like BLOK (blockchain), HACK (cybersecurity), and DIVO (dividend), Amplify combines traditional income strategies with alternative themes and emerging asset classes, appealing to investors seeking both yield and exposure to innovation-driven sectors.

See our curated list of related YouTube videos on BITY.

ETFs19
Total AUM$32.9B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

NEOS is known for developing specialized income-focused ETFs that employ strategies like covered calls, hedging, and enhanced yields across various asset classes. The firm manages 19 funds organized into nine distinct families, including offerings in equity high income, fixed income enhancement, digital assets, and alternative strategies, with popular tickers like SPYI (S&P 500 covered call), QQQI (Nasdaq-100 covered call), and QQQH (Nasdaq-100 hedged equity income). NEOS distinguishes itself in the ETF landscape through its emphasis on income generation and downside protection strategies rather than traditional growth approaches.

See our curated list of related YouTube videos on BTCI.

Want to go deeper?

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Quick verdict

BITY (Amplify Bitcoin 24% Premium Income ETF) and BTCI (NEOS Bitcoin High Income ETF) are both monthly-pay dividend ETFs, but they take different approaches.

BITY offers the higher yield at 24.00% vs 22.95% for BTCI. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

BITY is cheaper with an expense ratio of 0.65% compared to 0.98%.

They have different reference exposures: BITY is linked to Bitcoin while BTCI is linked to Bitcoin ETPs, which means their performance drivers differ.

BTCI is the larger fund by assets ($1.30B), but assets alone do not establish trading costs or liquidity.

Deep dive

Yield & income

On a $10,000 investment, BITY would generate roughly $200.00/month, while BTCI would produce $191.25/month, at current distribution rates. Both pay monthly distributions.

BITY yield24.00%
BTCI yield22.95%
Monthly diff on $10K$8.75

Cost & efficiency

Over 10 years on $10,000, BITY would cost approximately $650 in fees vs $980 for BTCI (simplified, not compounded). The $330.00 difference may be offset by yield or performance.

BITY ER0.65%
BTCI ER0.98%

Strategy & risk

BITY tracks Bitcoin with a covered call approach, while BTCI tracks Bitcoin ETPs with a crypto approach. Beta is 1.7893 for BITY and 1.6764 for BTCI, making BTCI the less volatile of the two by this measure.

BITY beta1.7893
BTCI beta1.6764

Fund details

BITY is managed by Amplify ETFs (launched 04/29/2025) with $13.6M in assets. BTCI is managed by NEOS (launched 10/16/2024) with $1.30B in assets.

BITY AUM$13.6M
BTCI AUM$1.30B

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Frequently asked questions

What is the current distribution rate for BITY and BTCI?

BITY currently distributes 24.00% and BTCI 22.95%, based on fund data updated September 2026. Distribution rate moves with both the payout and the share price, so check the as-of date before relying on either figure.

Is BITY or BTCI better for dividend income?

It depends on your goals. BITY currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

What is the difference between BITY and BTCI?

BITY (Amplify Bitcoin 24% Premium Income ETF) tracks Bitcoin with a covered call approach, while BTCI (NEOS Bitcoin High Income ETF) tracks Bitcoin ETPs with a crypto approach. They are issued by Amplify ETFs and NEOS respectively.

Can I hold both BITY and BTCI?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Is BITY or BTCI safer?

By Dividend Vision's Distribution Safety Score — a rules-based 0–100 estimate of how resilient a distribution looks, where higher is safer — BTCI scores 46, BITY scores 41, so BTCI's payout currently looks the more resilient of the two. No score makes an investment risk-free — treat this as a screening signal, not a guarantee, and the leverage, options-income, or crypto caveats flagged on this page apply regardless of score.

Which has lower fees, BITY or BTCI?

BITY has an expense ratio of 0.65% while BTCI charges 0.98%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in BITY vs BTCI generate?

At current rates, $10,000 in BITY would generate roughly $200.00 per month ($2,400.00 annually). The same in BTCI would produce about $191.25 per month ($2,295.00 annually).

Which has performed better historically, BITY or BTCI?

BITY has lagged BTCI over the trailing twelve months, posting a -34.53% total return against -27.56%. Measured from Apr 2025 — when the younger fund began trading — BTCI has compounded at -10.92% a year versus -16.51% for BITY. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

More comparisons to explore

BITY vs BTCI — at a glance

Generated September 6, 2026.

How they differ

The most significant difference is scale and maturity: BTCI has $1.30B in assets and 1 year of operating history, whereas BITY holds just $13.6M and was 1 year. BTCI's larger AUM generally permits more efficient options execution and lower friction costs, though BITY's 0.65% expense ratio undercuts BTCI's 0.98% by 33 basis points. Both target monthly distributions, but BITY's stated 24% yield is 105 basis points higher than BTCI's 22.95%, suggesting BITY's premium income strategy is more aggressive on cash extraction.

Who each is best for

  • BITY: Fits investors seeking the highest possible monthly cash flow from Bitcoin exposure and willing to accept a smaller, newer fund structure and potentially greater NAV pressure in exchange for a premium distribution target.
  • Options-derived income sustainability. Both rely on covered call and other options premiums to fund distributions; if implied volatility contracts sharply or Bitcoin's realized volatility drops, the income the funds can sustainably generate may fall significantly, potentially forcing distribution cuts or faster NAV decline. Both face meaningful NAV erosion risk at their stated yields unless Bitcoin or implied volatility rises materially—past performance does not predict future results.

AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.

Learn the method

The metrics behind this comparison, explained in the Academy.

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