- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 205 Hudson Street, 7th Floor New York NY United States of America 10013
- IPO Date
- May 13, 2025
- Business
- GraniteShares YieldBOOST Bitcoin ETF (XBTY) is an exchange-traded fund that seeks to generate weekly income through options strategies, primarily by selling put options on leveraged exchange-traded funds designed to deliver 2x the daily performance of Bitcoin futures or spot price exposure; its primary objective is to achieve 200% of the income from selling options on Bitcoin via these leveraged ETFs, with a secondary objective of capped exposure to the underlying leveraged ETF's performance, potentially implementing downside protection that may impact net income levels. The ETF, with ticker XBTY and CUSIP 38747R421, trades on NASDAQ and targets investors seeking high-yield distributions from option premiums in the cryptocurrency derivatives segment, complemented by limited upside participation in Bitcoin-linked leveraged ETFs. Launched on May 12, 2025, by GraniteShares, the ETF maintains a net annual operating expense ratio of 1.15% through December 31, 2026, via contractual fee waivers, and a total annual operating expense ratio of 1.40%; it features a management fee of 0.99% per annum and has announced regular weekly distributions, including a $0.2455 per share dividend payable on November 25, 2025, to shareholders of record on November 21, 2025. GraniteShares, the issuer founded in 2016 and headquartered at 222 Broadway, 21st Floor, New York, NY 10038, operates globally with ETFs listed on U.S., U.K., German, French, and Italian exchanges, managing over $10.7 billion in assets as of December 2025; XBTY forms part of its YieldBOOST platform, which expanded recently with the December 16, 2025, launch of two new fund-of-funds ETFs, YBST and BTY, broadening income strategies across diversified and focused YieldBOOST exposures. In May 2025, XBTY launched alongside the YieldBOOST NVDA ETF (NVYY), enhancing GraniteShares' lineup of options-based income products tied to high-conviction assets like Bitcoin and NVIDIA, with ongoing distribution announcements through November 2025 reflecting sustained weekly payout commitments amid volatile Bitcoin market conditions.