The NEOS Boosted Bitcoin High Income ETF builds on the options based framework used across NEOS’ award-winning high income ETF lineup, seeking boosted income and return potential while maintaining tax efficiency through potential return of capital via opportunistic tax loss harvesting, using a disciplined, data driven approach.
XBCI invests in exchange-traded products (ETPs) that have direct exposure to Bitcoin, establishing the primary underlying market exposure for the Fund.
Boosted market exposure is achieved by buying call options and selling put options at generally similar strike prices, seeking enhanced return participation, up to 150% of notional portfolio exposure.
XBCI seeks boosted monthly income through a data-driven call option overlay, while aiming to maintaining upside potential by laddering call options out of the money and not writing calls on the entire portfolio.
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