GraniteShares YieldBOOST Bitcoin ETF (XBTY)Derivative Income | Exchange Traded Fund | NasdaqGM
5.57 USD
+0.05
(0.872%)
⇧
(Oct. 9, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 4:23 a.m. EDT
The GraniteShares YieldBOOST Bitcoin ETF presents a classic case of a 'value trap' where a massive dividend yield masks a collapsing asset price. While the reported yield exceeds 70%, this is an illusion created by the stock price plummeting from roughly $17.40 to under $5.60 over the last year. The dividend payments have been slashed by nearly 80% in just six months, dropping from highs of $0.40+ per distribution to the current $0.03 range, signaling that the fund is actively eroding shareholder capital to maintain the payout. There is no sustainable business model here; the fund is simply distributing the remaining value of its Bitcoin holdings until they are exhausted. The options market confirms this fear, with traders buying deep out-of-the-money puts to hedge against further collapse, while call interest remains negligible. Despite the headline-grabbing yield figure, this is a deteriorating asset with no long-term growth trajectory and a high probability of total loss as the underlying Bitcoin exposure depletes. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.083217 |
| AutoTheta | 0.095050 |
| AutoETS | 0.099446 |
| AutoARIMA | 0.128400 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 48% |
| H-stat | 15.09 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.234 |
| Excess Kurtosis | -1.24 |
As of Oct. 10, 2026, 4:23 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated at strikes significantly below the current price (4.0 and 7.0), while call activity is sparse and limited to near-term ATM levels. Implied volatility is markedly elevated for puts compared to calls, indicating a market expectation of downside risk or a 'crash' scenario rather than a rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.59% | 75.73% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-09 | 0.033 | 0.592992 |
| 2026-10-02 | 0.032 | 0.570410 |
| 2026-09-25 | 0.032 | 0.573477 |
| 2026-09-18 | 0.033 | 0.580986 |
| 2026-09-11 | 0.033 | 0.592353 |
| 2026-09-04 | 0.033 | 0.589286 |
| 2026-08-28 | 0.032 | 0.573477 |
| 2026-08-21 | 0.032 | 0.575540 |
| 2026-08-14 | 0.033 | 0.598911 |
| 2026-08-07 | 0.031 | 0.560072 |
| 2026-07-31 | 0.042 | 0.766423 |
| 2026-07-24 | 0.044 | 0.793508 |
| 2026-07-17 | 0.044 | 0.787120 |
| 2026-07-10 | 0.044 | 0.785013 |
| 2026-07-02 | 0.043 | 0.769231 |
| 2026-06-26 | 0.044 | 0.790798 |
| 2026-06-18 | 0.046 | 0.793788 |
| 2026-06-12 | 0.045 | 0.763359 |
| 2026-06-05 | 0.047 | 0.790580 |
| 2026-05-29 | 0.051 | 0.793280 |
| 2026-05-22 | 0.051 | 0.782209 |
| 2026-05-15 | 0.070 | 1.044309 |
| 2026-05-08 | 0.132 | 1.932650 |
| 2026-05-01 | 0.127 | 1.832612 |
| 2026-04-24 | 0.136 | 1.924982 |
| 2026-04-17 | 0.135 | 1.885475 |
| 2026-04-10 | 0.135 | 1.906780 |
| 2026-04-02 | 0.132 | 1.903663 |
| 2026-03-27 | 0.139 | 1.956369 |
| 2026-03-20 | 0.150 | 1.992032 |
| 2026-03-13 | 0.148 | 1.933377 |
| 2026-03-06 | 0.151 | 1.965890 |
| 2026-02-27 | 0.150 | 1.930502 |
| 2026-02-20 | 0.159 | 1.964175 |
| 2026-02-13 | 0.161 | 1.904199 |
| 2026-02-06 | 0.177 | 2.020548 |
| 2026-01-30 | 0.194 | 2.050523 |
| 2026-01-23 | 0.194 | 1.904762 |
| 2026-01-16 | 0.207 | 1.891275 |
| 2026-01-09 | 0.214 | 1.965647 |
| 2026-01-02 | 0.211 | 1.885275 |
| 2025-12-26 | 0.210 | 1.902002 |
| 2025-12-19 | 0.206 | 1.857529 |
| 2025-12-12 | 0.222 | 1.888558 |
| 2025-12-05 | 0.223 | 1.893039 |
| 2025-11-28 | 0.230 | 1.863857 |
| 2025-11-21 | 0.246 | 2.053422 |
| 2025-11-14 | 0.272 | 2.093918 |
| 2025-11-07 | 0.286 | 2.001400 |
| 2025-10-31 | 0.309 | 1.964399 |
| 2025-10-24 | 0.308 | 1.928616 |
| 2025-10-17 | 0.315 | 1.997463 |
| 2025-10-10 | 0.361 | 2.072331 |
| 2025-10-03 | 0.369 | 1.947229 |
| 2025-09-26 | 0.391 | 2.055731 |
| 2025-09-19 | 0.404 | 1.920152 |
| 2025-09-12 | 0.415 | 1.917745 |
| 2025-09-05 | 0.410 | 1.913206 |
| 2025-08-29 | 0.417 | 1.961430 |
| 2025-08-22 | 0.433 | 1.852010 |
| 2025-08-15 | 0.453 | 1.931770 |
| 2025-08-08 | 0.448 | 1.899915 |
| 2025-08-01 | 0.473 | 2.023097 |
| 2025-07-25 | 0.475 | 1.912238 |
| 2025-07-18 | 0.478 | 1.919679 |
| 2025-07-11 | 0.477 | 1.902673 |
| 2025-07-03 | 0.457 | 1.841257 |
| 2025-06-27 | 0.504 | 2.045455 |
| 2025-06-20 | 0.608 | 2.504119 |
| 2025-06-13 | 0.623 | 2.487026 |
| 2025-06-06 | 0.461 | 1.842452 |
| Attribute | Value |
|---|---|
| All Time High | 26.92 |
| All Time Low | 5.43 |
| Ask | 7.1 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 18,400 |
| Average Daily Volume3 Month | 18,318 |
| Average Volume | 18,318 |
| Average Volume10Days | 18,400 |
| Beta3 Year | 0.0 |
| Bid | 3.95 |
| Bid Size | 2 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 5.58 |
| Day Low | 5.56 |
| Display Name | YieldBOOST Bitcoin ETF |
| Dividend Yield | 71.24 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.57694 |
| Fifty Day Average Change | -0.011940002 |
| Fifty Day Average Change Percent | -0.0021409595 |
| Fifty Two Week Change Percent | -68.035614 |
| Fifty Two Week High | 17.41 |
| Fifty Two Week High Change | -11.844999 |
| Fifty Two Week High Change Percent | -0.6803561 |
| Fifty Two Week Low | 5.43 |
| Fifty Two Week Low Change | 0.13500023 |
| Fifty Two Week Low Change Percent | 0.02486192 |
| Fifty Two Week Range | 5.43 - 17.41 |
| First Trade Date Milliseconds | 1,747,143,000,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.04811001 |
| Fullday Change Percent | 0.8728405 |
| Fullday Price | 5.565 |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,747,008,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in derivatives contracts that utilize the underlying Bitcoin ETF as the reference asset. The fund is non-diversified. |
| Long Name | GraniteShares YieldBOOST Bitcoin ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1903253729 |
| Nav Price | 5.63 |
| Net Assets | 9,979,746.0 |
| Net Expense Ratio | 1.15 |
| Open | 5.58 |
| Previous Close | 5.51689 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.04811001 |
| Regular Market Change Percent | 0.8720494 |
| Regular Market Day High | 5.58 |
| Regular Market Day Low | 5.56 |
| Regular Market Day Range | 5.56 - 5.58 |
| Regular Market Open | 5.58 |
| Regular Market Previous Close | 5.51689 |
| Regular Market Price | 5.565 |
| Regular Market Time | 1,791,576,000 |
| Regular Market Volume | 5,572 |
| Short Name | GraniteShares YieldBOOST Bitcoi |
| Source Interval | 15 |
| Symbol | XBTY |
| Total Assets | 9,979,746 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 10.25831 |
| Trailing Three Month Returns | 10.25831 |
| Triggerable | 1 |
| Two Hundred Day Average | 7.060245 |
| Two Hundred Day Average Change | -1.495245 |
| Two Hundred Day Average Change Percent | -0.21178372 |
| Type Disp | ETF |
| Volume | 5,572 |
| Yield | 0.71239996 |
| Ytd Return | -16.7272 |