Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- About
Amplify Bitcoin 24% Premium Income ETF (BITY)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: BITY (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 5.3% | Avg. Invested days 27 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 47.48 - 56.26 | Updated Date 05/9/2025 |
52 Weeks Range 47.48 - 56.26 | Updated Date 05/9/2025 |
Upturn AI SWOT
Amplify Bitcoin 24% Premium Income ETF
ETF Overview
Overview
The Amplify Bitcoin 24% Premium Income ETF (YBIT) seeks to generate income by investing in Bitcoin and utilizing a covered call strategy. It aims to provide a high level of current income, potentially sacrificing some capital appreciation in a rising Bitcoin market.
Reputation and Reliability
Amplify ETFs is a reputable issuer known for its innovative thematic ETFs. Their reliability is generally considered good, although their focus on niche and volatile sectors warrants careful consideration.
Management Expertise
Amplify ETFs' management team has experience in developing and managing various ETF products, including those focused on alternative investments. Their expertise in options strategies is crucial for the success of this fund.
Investment Objective
Goal
To provide current income by investing in Bitcoin and using a covered call strategy, targeting a 24% annualized premium income rate.
Investment Approach and Strategy
Strategy: The ETF does not track a specific index. It invests in Bitcoin and writes covered call options on the Bitcoin holdings to generate income. The target is a 24% annualized premium income rate, although this is not guaranteed.
Composition The ETF primarily holds Bitcoin. It also enters into covered call option contracts on Bitcoin. The composition may vary depending on market conditions and options strategies.
Market Position
Market Share: Difficult to quantify precisely due to the nascent nature of Bitcoin covered call ETFs, but is likely among the leaders in its specific niche.
Total Net Assets (AUM): 97100000
Competitors
Key Competitors
- YieldMax BTC Option Income Strategy ETF (YBTC)
Competitive Landscape
The competitive landscape is emerging, with only a handful of ETFs offering Bitcoin covered call strategies. YBIT may differentiate itself through its specific option strategy and target income level. Its performance is highly sensitive to Bitcoin price movements and option market volatility. It is difficult to state market share exactly as many ETFs are new and there are not yet reliable data sources. Therefore these values are estimates only.
Financial Performance
Historical Performance: Historical performance data is limited due to the ETF's recent inception. Performance will be heavily influenced by Bitcoin price fluctuations and options market dynamics.
Benchmark Comparison: No direct benchmark exists for a Bitcoin covered call strategy. Performance should be compared to the underlying Bitcoin price and the performance of other similar covered call strategies.
Expense Ratio: 0.99
Liquidity
Average Trading Volume
Average trading volume varies, but generally provides sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread can fluctuate based on market volatility and trading volume.
Market Dynamics
Market Environment Factors
The ETF is affected by Bitcoin price volatility, regulatory developments in the cryptocurrency space, and overall market sentiment towards digital assets.
Growth Trajectory
The growth trajectory depends on the adoption of Bitcoin and investor demand for income-generating crypto strategies. Changes to strategy and holdings will likely occur based on market conditions.
Moat and Competitive Advantages
Competitive Edge
YBIT's advantage lies in its focused strategy of generating income from Bitcoin through covered calls. This strategy can appeal to investors seeking yield in the crypto space. Superior management of the options strategy and efficient execution could further differentiate YBIT. However, its success is inherently linked to Bitcoin's performance and the effectiveness of its covered call implementation. Its high yield is inherently linked to higher risk.
Risk Analysis
Volatility
The ETF is expected to exhibit high volatility due to the underlying Bitcoin exposure and the use of options strategies.
Market Risk
The primary market risk is the price volatility of Bitcoin. Changes in Bitcoin's regulatory environment also pose significant risks.
Investor Profile
Ideal Investor Profile
The ideal investor is one who understands Bitcoin and options strategies, is seeking high income, and is comfortable with high volatility and potential capital losses.
Market Risk
The ETF is best suited for active traders or sophisticated investors with a high-risk tolerance, and is less suited for long-term, risk-averse investors.
Summary
The Amplify Bitcoin 24% Premium Income ETF seeks to generate income through Bitcoin and covered calls, offering a unique strategy in the crypto space. It's a high-risk, high-reward investment tied to Bitcoin's price movements and the effectiveness of its options strategy. Investors should be aware of the significant volatility and potential for capital loss. This fund is appropriate for sophisticated investors comfortable with crypto and options who seek high yield and income. Therefore, due diligence is critical before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Amplify ETFs Website
- SEC Filings
- Various Financial News Outlets
Disclaimers:
This data is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and after consulting with a financial professional. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Amplify Bitcoin 24% Premium Income ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that provide exposure to the Bitcoin Price. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.