Roundhill Investments - COIN WeeklyPay ETF
COIW
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 154 West 14th Street, 2nd Floor New York NY United States of America 10011
- IPO Date
- Feb 19, 2025
- Website
- roundhillinvestments.com
- Similar Companies
- Business
- Roundhill COIN WeeklyPay ETF (COIW) is an actively managed exchange-traded fund that seeks to provide weekly distributions to shareholders and calendar week returns, before fees and expenses, equal to 1.2 times (120%) the weekly total return of Coinbase Global, Inc. (Nasdaq: COIN) common shares; it achieves this exposure through investments in total return swaps referencing COIN, shares of COIN, and cash equivalents, without selling options or capping upside potential. Launched on February 19, 2025, and listed on Cboe BZX with a gross expense ratio of 0.99%, COIW forms part of Roundhill Investments' WeeklyPay ETF suite, which targets income-seeking investors in the leveraged single-stock ETF segment. Headquartered in New York and domiciled in the United States, the ETF operates primarily in U.S. public equity markets with a focus on financial services through its Coinbase linkage. COIW's core offerings include weekly distributions calculated via a proprietary formula incorporating COIN's performance and implied volatility, resulting in a recent annualized distribution rate of 91.10% (with 100% estimated as return of capital per recent notices); enhanced leveraged exposure to COIN's weekly performance; and options trading availability on the ETF itself. The fund maintains at least 80% of its net assets in COIN-related swaps and stock, alongside collateral such as government obligations and broker deposits, targeting retail and institutional investors desiring recurring income combined with amplified growth potential from cryptocurrency exchange volatility. Recent developments include the expansion of Roundhill's WeeklyPay suite, which surpassed $1 billion in assets under management as of early October 2025, with COIW as a key component alongside peers like AAPW, AMDW, and NVDW; the September 2025 launch of the Roundhill WeeklyPay Universe ETF (WPAY), providing equal-weight exposure across the single-stock lineup including COIW; and ongoing AUM growth amid favorable market conditions for leveraged income products. In October 2025, Roundhill further broadened the suite with new WeeklyPay ETFs tied to gold (GLDW) and gold miners (GDXW), underscoring strategic product diversification within thematic and leveraged strategies. These initiatives reflect Roundhill Investments' aggressive innovation since its 2018 founding, with the firm having launched over 100 ETFs, including multiple WeeklyPay first-movers.