NEOS Boosted Bitcoin High Income ETF

The NEOS Boosted Bitcoin High Income ETF is an actively managed exchange-traded fund designed to generate high monthly income and potential appreciation through indirect exposure to Bitcoin via exchange-traded products. It achieves boosted market exposure up to 150% of notional portfolio by buying call options and selling put options at similar strike prices on Bitcoin-related instruments, while employing a data-driven call option overlay to enhance income without capping all upside potential through laddered out-of-the-money calls. The fund does not invest directly in Bitcoin but primarily holds Spot Bitcoin ETPs like iShares Bitcoin Trust, alongside U.S. Treasury Bills for collateral and select options positions. Notable for its tax efficiency, distributions are often classified as return of capital—recently estimated at 97%—potentially lowering taxable income via Section 1256 contracts and opportunistic tax-loss harvesting. Launched on February 2, 2026, as part of NEOS Investments' Boosted High Income ETF suite, it features a 0.98% gross expense ratio and targets investors seeking amplified Bitcoin-linked returns with lower correlation to traditional assets in volatile cryptocurrency markets.