Aug. 7 at 5:09 PM
$BTCI $IBIT $BTC.X Lads, these are the facts. BTCI began October 2024. From October 17, 2024 through late July 2026, with distributions reinvested:
IBIT: approximately −5.4% total return
BTCI: approximately −5.0% total return
That's crazy close, boys.
In other words, on a
$10,000 starting investment, we're essentially talking about both ending around
$9,500 despite BTCI having thrown off HUGE distributions throughout the period.
Now, look at the recent downside period, total returns:
IBIT
BTCI
2025
−6.41%
−1.09%
2026 YTD through July 28
−27.21%
−24.98%
Trailing 1 year
−46.14%
−41.60%
Worst drawdown
−53.30%
−48.42%
That's wacky a.f.! BTCI hasn't merely maintained Bitcoin exposure. The option income has actually provided some downside cushioning during this particular Bitcoin bear market. BTCI is not meant to capture upside. It's meant to provide income. It is doing this, with almost zero real NAV decay. Mark it. 👍💰💓
