The GraniteShares YieldBOOST Bitcoin ETF (XBTY) is an exchange-traded fund designed to combine Bitcoin market exposure with income generation through options-based strategies. The ETF is managed by GraniteShares and trades under the ticker XBTY on the Nasdaq.

Classified as an income-oriented digital-assets ETF, the fund utilizes spot Bitcoin ETFs and options contracts as part of its investment strategy. Its objective is to participate in Bitcoin market movements while seeking to generate additional income through option-premium collection.

The ETF follows an active management approach and employs option-writing strategies on Bitcoin-related assets. While this structure may enhance income generation, it can also limit a portion of the upside potential during periods of strong Bitcoin appreciation.

Diversification and sector exposure

XBTY provides exposure primarily associated with:

• Bitcoin.

• Digital assets.

• Spot Bitcoin ETFs.

• Covered call strategies.

• Cryptocurrency markets.

• Blockchain technology.

• Financial derivatives.

• Options-based income generation.

The strategy is directly tied to the performance of the Bitcoin market, an asset class known for exhibiting substantially higher volatility than many traditional financial markets. Beyond Bitcoin price movements, the fund’s results are also influenced by options-market conditions, including implied volatility levels, liquidity, and contract pricing.

Structure and costs

XBTY shares trade on the secondary market on the Nasdaq during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. Income generated through options strategies may be distributed periodically to shareholders according to the fund’s distribution policy.

Because it combines digital-asset exposure with derivatives-based strategies, the ETF is subject to both the volatility of cryptocurrency markets and the risks associated with options trading.

History and evolution of the ETF

The GraniteShares YieldBOOST Bitcoin ETF was launched in 2024 amid growing investor interest in products that combine cryptocurrency exposure with income-oriented investment strategies.

Since inception, the fund has become part of a category of ETFs designed to monetize the volatility of digital assets through options-based structures.

In recent years, the Bitcoin market has been shaped by the approval of spot Bitcoin ETFs in the United States, rising institutional participation, regulatory developments, and continued growth in digital-asset infrastructure, trends that continue to influence the fund’s investment approach.

Additional Information

GraniteShares YieldBOOST Bitcoin ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $11.40 million.

Over the past 12 months, GraniteShares YieldBOOST Bitcoin ETF recorded a return of -44.96%, with its price trading between $5.47 and $24.08 during the same period.

The ETF is traded under the ticker XBTY.