BPI Distribution History & Yield

Grayscale Bitcoin Premium Income ETF · NYSEArca

ETF Digital Assets Covered callHigh yield
$25.42
+0.87% today
as of Oct 21, 2026
TTM yield
19.80%
$5.034/share over the last 12 months
Forward yield
n/a
no indicated rate
Annual distribution
$5.034
per share, trailing
Per payment
$0.215
most recent payment
Frequency
Irregular
no regular schedule
Next ex-distribution date
n/a
not scheduled
Next pay date
n/a
not scheduled
Last ex-distribution date
Oct 14, 2026
$0.215 per share
Expense ratio
0.65%
AUM 2.6M
Consistency
69/100
variable payouts
5y distribution CAGR
n/a
needs 6+ years of history
Growth streak
0 yrs
no current streak
Years paying
1.5
since Apr 30, 2025
1y total return
-25.8%
price -38.1% + distributions 12.3%

Upcoming distribution payments

No upcoming payment can be projected yet because BPI does not pay on a regular schedule.

Distribution payment history

Last 33 payments per share. RegularSpecial

Last 33 payments per share from Apr 30, 2025 to Oct 14, 2026; most recent $0.215$0.00$0.50$1.00Apr 30, 2025: $0.483Apr '25May 21, 2025: $0.364Jun 25, 2025: $0.65Jul 23, 2025: $0.892Aug 14, 2025: $0.24Aug 28, 2025: $0.635Aug '25Sep 12, 2025: $0.337Sep 29, 2025: $0.337Oct 14, 2025: $0.389Oct 29, 2025: $0.411Nov 13, 2025: $0.446Nov '25Nov 26, 2025: $0.233Dec 12, 2025: $0.235Dec 29, 2025: $0.267Jan 14, 2026: $0.232Jan 29, 2026: $0.144Jan '26Feb 12, 2026: $0.308Feb 26, 2026: $0.125Mar 12, 2026: $0.235Mar 30, 2026: $0.235Apr 14, 2026: $0.151Apr '26Apr 29, 2026: $0.182May 14, 2026: $0.182May 28, 2026: $0.146Jun 12, 2026: $0.213Jun 29, 2026: $0.153Jun '26Jul 14, 2026: $0.17Jul 30, 2026: $0.069Aug 13, 2026: $0.088Aug 28, 2026: $0.213Sep 14, 2026: $0.131Sep '26Sep 29, 2026: $0.25Oct 14, 2026: $0.215

Annual distributions per share

Annual dividend per share by calendar year, 2025 to 2026 (year to date)$0.00$4.00$8.002025: $5.919$5.91920252026 (YTD): $3.442$3.4422026 YTD

How much BPI do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month239$6,061$1,200
$500 / month1,192$30,303$6,000
$1,000 / month2,384$60,605$12,000

Based on the forward yield of 19.80%. $10,000 in BPI would currently pay about $1,980 a year ($165 a month on average). Model reinvestment and growth →

BPI distribution history

Ex-datePay dateAmountChange
Oct 14, 2026 — $0.215 -14.0%
Sep 29, 2026 — $0.25 +90.8%
Sep 14, 2026 — $0.131 -38.5%
Aug 28, 2026 — $0.213 +142.0%
Aug 13, 2026 — $0.088 +27.5%
Jul 30, 2026 — $0.069 -59.4%
Jul 14, 2026 — $0.17 +11.1%
Jun 29, 2026 — $0.153 -28.2%
Jun 12, 2026 — $0.213 +45.9%
May 28, 2026 — $0.146 -19.8%
May 14, 2026 — $0.182 +0.0%
Apr 29, 2026 — $0.182 +20.5%
Apr 14, 2026 — $0.151 -35.7%
Mar 30, 2026 — $0.235 +0.0%
Mar 12, 2026 — $0.235 +88.0%
Feb 26, 2026 — $0.125 -59.4%
Feb 12, 2026 — $0.308 +113.9%
Jan 29, 2026 — $0.144 -37.9%
Jan 14, 2026 — $0.232 -13.1%
Dec 29, 2025 — $0.267 +13.6%
Dec 12, 2025 — $0.235 +0.9%
Nov 26, 2025 — $0.233 -47.8%
Nov 13, 2025 — $0.446 +8.5%
Oct 29, 2025 — $0.411 +5.7%

Payout risk check

Distribution stabilityElevated risk

BPI's last 12 distributions were variable (consistency score 69/100).

Its share price moved -38.1% over the past year.

A 19.8% yield paired with a falling share price is the classic sign of NAV erosion: part of each distribution may be a return of your own capital rather than income the fund earned, and the share price can keep grinding lower even while the headline yield looks attractive.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Grayscale Bitcoin Premium Income ETF

The fund is an actively managed exchange-traded fund (“ETF”) that seeks indirect exposure to the returns of bitcoin by investing in bitcoin ETPs, including, but not limited to the Grayscale Bitcoin Trust (Ticker: GBTC) and the Grayscale Bitcoin Mini Trust ETF (Ticker: BTC). The manager seeks to deliver this through fully synthetic exposure via the purchase and sale of a combination of call and put option contracts that utilize the Bitcoin ETPs as the reference asset. The fund is non-diversified.

Fund family: Grayscale. Category: Digital Assets. First distribution on our records: Apr 30, 2025. 33 payments tracked. Data last refreshed Oct 21, 2026. Spotted a mistake? Report it and we'll fix it.

BPI distribution FAQ

When is BPI's next ex-distribution date?

BPI has not announced its next ex-distribution date and its payments do not follow a regular schedule, so we do not estimate one. The most recent ex-date was Oct 14, 2026.

How often does BPI pay distributions?

BPI's distribution schedule is irregular: it has made 33 payments on our records, most recently $0.215 per share on Oct 14, 2026.

What is BPI's distribution yield?

BPI's trailing 12-month distribution yield is 19.80%, based on $5.034 per share paid over the last year and a share price of $25.42.

How much does BPI pay per share?

BPI pays about $0.215 per share per payment, which works out to roughly $5.034 per share a year. 100 shares would collect about $503.40 a year.

Has BPI grown or cut its distribution?

As a fund, BPI's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of BPI do I need to earn $100 a month?

At the current forward yield of 19.80%, you would need about 239 shares of BPI (roughly $6,061 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive on the fund’s schedule, so the monthly figure is an average.

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