Income ETF health check

The iShares Bitcoin Premium Income ETF

BITA

IShares · Monthly · $93M

Current price

$63.00

As of 2026-09-29 · USD

Canary status

HEALTHY

No significant NAV erosion detected — distributions look sustainable at the current pace.

Updated every Monday and Thursday

YieldCanary Health Metrics

Yield comparison

Advertised Yield

12.54%

Headline Yield (TTM)

3.13%

True Income Yield

3.13%

The real number is typically lower once return of capital is stripped out.

Health metrics

Death Clock
N/A
YieldCanary ROC %
0.0%

Income and return

After-Tax Monthly (25%)
$XX.XXUnlock free →
Last Distribution
$0.7990
1Y Price Return
+19.41%
About True Income Yield

About True Income Yield: This is a YieldCanary proprietary sustainability indicator, not a standard accounting measure of economic gain. It strips return of capital from the headline yield to show only what the fund generated from real investment activity. Return of capital reduces your cost basis and the full economic gain is only realized when you sell your shares. YieldCanary calculates ROC from performance data, not from the 19a-1 notices that fund companies publish monthly. Our estimates can differ from official issuer reports and can differ significantly from your year-end 1099 tax forms. We are actively working on incorporating 19a-1 data to make these figures more precise. For confirmed ROC figures always check the fund's official 19a-1 notice on the issuer's website or your year-end 1099.

True Income Yield and Death Clock are YieldCanary proprietary metrics. Not financial advice. Data updates every Monday and Thursday.

Price and Distribution History

Data last updated: Sep 28, 2026. Updates every Monday and Thursday.

Fund Details

AUM
$93M
Expense ratio
0.65%
Inception date
2026-06-08
Payout frequency
Monthly
Advertised yield
12.54%
52-week high
$64.71
52-week low
$48.22
Average daily volume
32,075

Sustainability analysis

Health Score Breakdown

BITA is currently Healthy on YieldCanary. ROC is within sustainable range, the NAV has held up over the trailing 12 months, and distributions have been stable. No significant erosion risk is detected at the current pace.

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Fund questions

Frequently Asked Questions — BITA

Is BITA a good income ETF?

Based on YieldCanary's health framework, BITA is currently Healthy. No significant NAV erosion is detected at the current pace and the fund is passing all sustainability checks. The distributions appear to be generated from real investment activity rather than quiet erosion of the fund's value. This is not financial advice — always do your own research and consult a qualified financial professional before making investment decisions.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

What does BITA pay per month?

Based on last month's actual distribution of $0.7990 per share, $10,000 invested in BITA at the current price of $63.00 generates approximately 158 shares. That's $126.24 gross per month before taxes. Your after-tax income depends on your personal tax rate and account type. Set your rate inside YieldCanary to see your exact after-tax monthly income and connect your portfolio to see what all of your holdings generate together. Distributions change month to month based on options premiums and market conditions. Past distributions are not a guarantee of future payments.

Calculate your after-tax income on BITA free →

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

What is BITA's True Income Yield?

YieldCanary's True Income Yield for BITA is currently 3.13%. This is a distribution sustainability indicator — it strips the estimated return of capital portion from the headline TTM yield to show only what the fund generated from real investment activity. It is not an accounting measure of economic gain. Return of capital reduces your cost basis and full economic gain is only realized when you sell. BITA's current ROC estimate is 0.0%. The full methodology breakdown is available inside YieldCanary. For confirmed ROC figures check the fund's official 19a-1 notice or your year-end 1099.

See the full health breakdown on BITA free →

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

What is BITA's Death Clock?

BITA's Death Clock is currently N/A. This means no significant NAV erosion is detected at the current pace — the fund is not showing destructive return of capital behavior. N/A is the best possible Death Clock outcome.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

Is BITA's return of capital good or bad?

BITA's low ROC estimate of 0.0% means most distributions are generated from real investment activity rather than return of principal — one of the cleaner income profiles on the platform. Note: YieldCanary calculates ROC from performance data, not 19a-1 filings.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

How does BITA compare to similar funds?

On YieldCanary, BITA is currently Healthy with a 3.13% True Income Yield and a Death Clock of N/A. It pays Monthly distributions and has a 1-year price return of 19.41%. Similar funds from IShares tracked on YieldCanary: iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) — currently Severe Risk; iShares U.S. Large Cap Premium Income Active ETF (BALI) — currently Healthy; iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (LQDW) — currently Severe Risk Full side-by-side comparison including True Income Yield, Death Clock, ROC%, and after-tax income across all similar funds is available inside YieldCanary.

Compare BITA to similar funds free →

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

How often does BITA pay distributions?

BITA is a Monthly paying ETF. Distributions are paid once per month, which aligns well with monthly bills and expenses. Monthly payers are the most popular frequency among income investors for this reason. The most recent distribution was $0.7990 per share. To see exact upcoming ex-dividend and payment dates for BITA in your portfolio, connect your holdings inside YieldCanary and check the Distribution Calendar.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

What is BITA's AUM and why does it matter?

BITA currently has $93M in assets under management. BITA is a smaller fund. While smaller AUM is not automatically a problem, funds with limited assets carry slightly more closure risk if assets decline significantly. Factor this into your position sizing. AUM alone does not determine whether a fund is healthy. Check the Canary Status and Death Clock above for the full sustainability picture.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

Is BITA available in a Roth IRA?

Yes — BITA can be held in a Roth IRA like any standard ETF, assuming your brokerage offers it. For income ETFs with high return of capital, a Roth IRA can be a particularly advantageous account type. ROC distributions reduce your cost basis in a taxable account, creating a deferred tax liability that grows over time. In a Roth IRA that tax treatment is irrelevant as all distributions are tax-free regardless of their character. This is not tax advice. Consult a tax professional about your specific situation and account type before making investment decisions.

YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.

About the fund

Strategy & Objective

IShares · Monthly

The iShares Bitcoin Premium Income ETF aims to track bitcoin's performance while generating premium income through an actively managed options strategy. The fund provides investors a way to seek monthly income and capture a significant portion of bitcoin's upside potential, with potentially lower volatility compared to direct spot bitcoin exposure.

At a glance

YieldCanary Health Summary

The iShares Bitcoin Premium Income ETF (BITA) is a Monthly-paying income ETF issued by IShares with $93M in assets under management. The fund has an advertised yield of 12.54% and a trailing 12-month headline yield of 3.13%. BITA is currently Healthy on YieldCanary with a True Income Yield of 3.13% and a Death Clock of N/A. The fund has a low ROC estimate of 0.0%, meaning most distributions are generated from real investment activity. The most recent distribution was $0.7990 per share. The fund's price has returned +19.41% over the trailing 12 months.

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