My deep dive into Bitcoin ETFs revealed 5 top performers that pay dividends consistently. Let’s get into their dividend history, yields, and the ways they create income streams. This piece will show you how these Bitcoin ETFs can boost your portfolio with growth opportunities and steady income. It’s valuable information whether you’re passionate about crypto or just focused on generating regular returns.

ProShares Bitcoin Strategy ETF (BITO)

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Let’s get into ProShares Bitcoin Strategy ETF (BITO), which stands as the first and largest U.S. bitcoin-linked ETF1.

BITO Fund Overview and Strategy

BITO is a 2-year old fund that launched on October 18, 2021. The fund takes a different path to Bitcoin investment. Rather than holding Bitcoin directly, it puts money into Bitcoin futures contracts23. The fund charges a 0.95% expense ratio1.

Here’s what makes up BITO’s portfolio:

• 96.12% CME Bitcoin Futures
• 4.00% S&P CME Bitcoin Futures Daily Roll Index Swap1

BITO Dividend History and Yield Analysis

So, BITO has built quite a dividend track record. Here’s what the fund pays out:

• Dividend Yield: 60.12%
• Annual Dividend: $14.88 per share
• Payment Frequency: Monthly24

Here are BITO’s recent dividend payments:

The fund’s dividend growth stands out with a 360.45% jump in the last year24.

BITO Performance Metrics and Risk Assessment

BITO has posted these returns:

• YTD Return: 4.21%
• 1-Year Return: 100.37%
• 3-Year Return: 22.39%25

Notwithstanding that, you should know about these risks:

1. Market Volatility: Bitcoin futures can swing wildly in price1.
2. Tracking Difference: The fund might not match Bitcoin’s spot price exactly23.
3. Futures Contract Risk: Rolling futures contracts can change how well the fund tracks Bitcoin’s price1.

BITO beats its category average with a 22.39% 3-year return compared to 9.23%25. On top of that, it pays monthly distributions, which sets it apart from typical Bitcoin investments that don’t give regular income.

[BITO Performance Chart] [Note: Chart would show BITO’s price performance and dividend history]

Valkyrie Bitcoin Strategy ETF (BTF)

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Let’s explore BTF’s unique approach with its dual cryptocurrency strategy.

BTF Investment Approach

We focused on BTF as an actively managed ETF that combines Bitcoin and Ether futures contracts in its portfolio4. The fund maintains a balanced portfolio with:

• U.S. Treasury Bills (49.35% of net assets)5
• First American Treasury Obligations (9.12% of net assets)5
• Bitcoin and Ether futures contracts (remaining portion)

BTF Distribution Track Record

BTF’s dividend program is 2 years old. The fund delivers:

• Annual dividend yield: 50.23%6
• Quarterly payment schedule6
• Latest dividend payment: $7.89 per share7

BTF’s recent dividend history shows:

BTF Risk-Return Profile

The fund showed strong performance metrics:

• YTD Return: 3.75%8
• 1-Year Return: 63.28%8
• 3-Year Return: 14.29%8

BTF’s performance against its category reveals:

Risk factors need attention:

1. The fund’s value can experience significant volatility
2. Performance may differ from direct cryptocurrency investments
3. Futures contract positions have limits of 4,000 contracts for Bitcoin and 8,000 contracts for Ether9

The fund operates as a regulated investment vehicle that provides a familiar framework for traditional investors who seek cryptocurrency exposure. BTF’s futures-based strategy allows exposure to both leading cryptocurrencies while generating substantial dividend income.

Simplify Bitcoin Strategy PLUS Income ETF (MAXI)

_{Image Source: Simplify Asset Management}

Let me explore MAXI’s distinctive approach that combines Bitcoin exposure with active income generation. This innovative ETF uses a sophisticated three-pronged strategy that makes it stand out in the cryptocurrency investment world.

MAXI Fund Structure and Strategy

MAXI aims to achieve both capital gains and income through a well-laid-out approach2. The fund’s core strategy consists of:

• Bitcoin Futures Strategy: Targets 100% exposure via front-month CME futures contracts2
• Income Generation: Sells short-dated put/call spreads on liquid global equity indices2
• Cash Management: Invests excess capital in short-dated treasuries2

MAXI stands out because of its sophisticated option-writing algorithm that dynamically selects option types, underliers, and strikes to generate attractive risk-adjusted returns2.

MAXI Dividend Consistency Analysis

The fund has built a strong dividend distribution framework with these characteristics:

Recent performance metrics show MAXI’s strong results:

• 1-Year Return: 134.2%10
• YTD Return: 110.5%10
• Last Quarter Return: 65.9%10

MAXI Portfolio Integration Benefits

Here are several compelling reasons why you should think over MAXI for your portfolio:

1. Capital Efficiency: The fund offers a simplified way to get Bitcoin exposure while generating income2. This dual-purpose approach helps investors who want both growth potential and regular cash flow.
2. Risk Management: The fund uses a second level of risk controls to reduce tail risks associated with option selling2. This feature matters a lot because cryptocurrency markets can be volatile.
3. Operational Simplicity: The ETF structure offers:
   
   • Monthly distributions
   • No K-1 tax forms2
   • Transparent pricing
   • High liquidity

The fund’s portfolio mainly focuses on income-producing securities12. This makes it an interesting choice for investors who want regular income from their cryptocurrency exposure. The fund’s active management style allows quick strategy adjustments based on market conditions.

MAXI gets its Bitcoin exposure through futures contracts instead of direct cryptocurrency holdings13. This approach gives regulated exposure to Bitcoin and might reduce some custody and security risks that come with direct cryptocurrency ownership.

YieldMax Bitcoin Option Income Strategy ETF (YBIT)

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YBIT has become one of the most innovative income-generating Bitcoin ETFs since its launch. The fund’s sophisticated options strategy sets it apart.

YBIT Covered Call Strategy

The sort of thing i love about YBIT is how it uses a synthetic covered call strategy on U.S.-listed Bitcoin ETPs3. The fund’s strategy includes:

• Deep in-the-money call options for Bitcoin exposure
• At-the-money put options that generate additional income
• Strategic call writing with 0-15% strike price premium14

ZEGA Financial manages this complex options framework actively and encourages engagement to maximize current income and Bitcoin exposure3.

YBIT Distribution History

YBIT’s distribution record has been remarkable without doubt. The fund now offers:

Monthly distributions have shown consistent strength lately:

• May 2025: 120.45% distribution rate
• April 2025: 118.32% distribution rate
• March 2025: 115.67% distribution rate
• February 2025: 110.23% distribution rate15

YBIT Risk Management Approach

Investors should know about these most important risk factors:

1. Bitcoin Investment Risk: Bitcoin exposure brings inherent volatility and emerging asset class risks3.
2. Digital Asset Market Risk: Trading platforms for digital assets are:
   
   • Relatively new and largely unregulated
   • More vulnerable to fraud and technical failures
   • Subject to significant price volatility3
3. Options Strategy Risk: These factors affect the fund’s performance:
   
   • Path dependency of call writing
   • Counterparty risk in options contracts
   • Limited participation in upside potential3

The fund’s main goal focuses on current income, though monthly distributions aren’t guaranteed16. The Distribution Rate shows a single distribution and differs from total return3.