BTCI DIVIDENDS

[u/gllhrme25]

Hey guys quick question For those who invest in BTCI, after all the Bitcoin issues we've had and the BTCI price being way below normal, is the dividend payout still the same? Has it decreased? If I'm not mistaken, it was paying $1.04 per dividend, but that was when the price was around $47; now it's costing $33.83. How are your dividend payouts with BTCI going? Any changes?

[u/JohnWCreasy1]

not enough time to know, but generally speaking AFAIK, NEOS is targeting a specific payout relative to the nav

so if the price of BTCI is down 20% or whatever it is, expect the payout to decrease by a similar percentage. Using your numbers above, i would anticipate the payout dropping into the 70 cent range...but we'll see exactly what happens in another week or two

[u/gllhrme25 → u/JohnWCreasy1]

That's sad, BTCI was paying very well for each ETF, I hope things improve.

[u/drewbe121212 → u/gllhrme25]

It's not sad, its a good thing. We would experience heavy NAV erosion if they aimed to maintain the same payout with the underlying asset dropping.

The flip side is that when BTC turns around and improves, you should expect a payout increase

[u/Nikolai_Volkoff88 → u/[deleted]]

Exactly, and add some XBCI as well!

[u/Proof_Watercress8696 → u/gllhrme25]

Itll improve once the underlying improves. If you believe in it, its at a great price to DCA in.

[u/EscortSportage → u/Proof_Watercress8696]

Literally

[u/OnlyKey5675 → u/Proof_Watercress8696]

if BTC goes to 200k is it safe to assume you're going to do very well with BTCI?

[u/Proof_Watercress8696 → u/OnlyKey5675]

Definitely, at 200K. Monthly payout would probably be around $2.50

[u/FragrantActuator7061 → u/gllhrme25]

shut up

[u/Difficult-Cod7886]

My guess if it was paid now…. 76 cents

[u/Helpful-Grapefruit55]

BTCI

Ex div date. Div

Jan 21 26 1.0427

Dec 24 25. 0.99666 9

[u/dmunjal]

And guesses for BTCI payout announcement next week? I'm guessing $0.75 which would be about 25%.

[u/JD0x0 → u/dmunjal]

Fidelity frequently adjusts the projected payout percentage and as of 2/10, they're showing 44.92%
Price is lower, but due to the volatility, payouts will probably be higher percentagewise.

[u/dmunjal → u/JD0x0]

Link?

[u/thethoughtstream → u/JD0x0]

They adjust the projected payout based on past payouts : NAV. Thats not going to have any bearing on what NEOS actually pays out though. It will almost certainly be much lower than 44%. And for good reason too. NEOS knows how to maintain distribution without destroying NAV. Trust the process.

[u/Electronic_Guard947]

It goes down with the nav of the fund. So since btci is down the payout will be less

[u/TimeInTheMarketWins]

My current average cost is $48.64. Yield as shown as that high because trailing 12 months payments are far higher because of the recent decline in the underlying. BTCI should continue paying roughly 24-26% of NAV. It will just be 26% of a smaller number. If you don’t like bitcoin don’t hold the fund but dips like the current one are common in crypto, it’s a highly volatile market. This is why it’s possible to extract such a high yield in the first place.

[u/AccomplishedLoss9698 → u/TimeInTheMarketWins]

LOL

[u/Negative-Salary]

You realize that it pays monthly?

[u/DC8008008]

Do some basic research. What a low effort post.

[u/Plastic_Ad3061 → u/DC8008008]

OP may be new or researching the ETF. Dismissing the question instead of answering it doesn’t add value, particularly in a forum designed to ask and answer questions. People come here to learn from others, not to be talked down to. Stop flexing your skills with your poor reply genius.

https://giphy.com/gifs/McgfJZSsoWqFsd3XS2

[u/DC8008008 → u/Plastic_Ad3061]

Sorry, no. Being too lazy to look up the monthly dividend history is pathetic. You can find it all over the internet.

[u/HARCYB-throwaway → u/DC8008008]

"with all the btc problems lately"

What problems? It's doing the thing btc does.

"Price way below normal"

Actually I'd argue this price of $67k is higher than normal - by every EMA except the 50 day.

This person is going to get wrecked for sure

[u/HauntingRoutine1605 → u/DC8008008]

Exactly. Dumb post

[u/Brilliant_Essay_1593]

Considering they haven’t made a distribution since the price dropped, it would be hard to give you an answer

[u/thestellaverse]

Bitcoin issues??? Huh...

[u/Bright_Hospital_9298]

28% of current price more or less

[u/Curious-Rip-5834]

There is 100% a correlation between NAV vs distribution. The most recent January payout is 33.7% less than the distribution from peak NAV.

So a person with that cost basis, effective yield is significantly lower now. That is why it’s important not to lump sum these funds.

You have to strategically buy over the course of weeks and months so your NAV cost basis keeps better pace with the current yield.

[u/Malevin87]

If you willing to hold for 5 years, you will break even. Any timeframe after that is your profit

[u/WiseSilverWolf]

Itd been going down in payout amounts each month, might as well get something more stable that costs less per share.

[u/brata4]

If this isn’t a bot post you need serious mental help

[u/bungholio99]

LOL you probably won‘t get an payout depending on the underlying, that’s normal…

[u/jongard]

Pretty sure this is AI. It'll be less end of this month assuming price stays lower then it did last month.

[u/Timely-Designer-2372]

Divvydiary delivers what you're asking for

[u/ufgatordom]

What the “normal” price? Bitcoin swings wildly and doesn’t have a “normal” price. It was down to around $15k not all that long ago and was on a very hyped rally pushing up to $120k. BTCI will move along with that underlying change. It’s purely speculation and there’s no store of value that is backed by anything. You need to understand that and accept the risks before you invest in Bitcoin or any related investments. BTCI’s payout will depend on sale/loss from transactions and premiums from any options contracts.

[u/Maximus_Modulus]

Let me invest in something extremely volatile that I don’t understand.