Key stats
About Amplify Bitcoin 2% Monthly Option Income ETF
Home page
Inception date
Apr 29, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Amplify Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US0321084586
BITY does not directly invest in Bitcoin but employs a covered call strategy on the price return of Bitcoin. The actively managed fund-of-funds targets 24% annualized option premium. A portion of the funds long exposure comprises of holding ETP shares, as well as buying call options and selling put options with maturities of less than one year. The synthetic covered call strategy via standardized exchange-traded and FLEX options consists of synthetic long exposure, covered call writing, and US Treasurys and cash. The fund writes about 5-10% out-of-the-money call options with maturities of one week or less. The amount varies based on each underlying funds NAV to meet the 24% target. This, however, limits participation in potential gains if ETP shares increase in value. The fund indirectly invests in shares of ETPs through a wholly owned Cayman subsidiary. Note that there is no guarantee the fund will achieve its target option premium. Prior to May 16, 2025 the fund was Amplify Bitcoin 24% Premium Income ETF.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Government
Bonds, Cash & Other100.00%
Mutual fund77.74%
Government20.22%
Rights & Warrants2.14%
Cash−0.10%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BITY last dividends amounted to 1.12 USD. The month before, the issuer paid 1.21 USD in dividends, which shows a 7.26% decrease.
BITY assets under management is 15.56 M USD. It's risen 38.98% over the last month.
BITY fund flows account for 15.95 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.
Yes, BITY pays dividends to its holders with the dividend yield of 25.86%. The last dividend (Aug 29, 2025) amounted to 1.12 USD. The dividends are paid monthly.
BITY shares are issued by Amplify Holding Co. LLC under the brand Amplify. The ETF was launched on Apr 29, 2025, and its management style is Active.
BITY expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
BITY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BITY invests in funds.
BITY trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.