BTCI NEOS Bitcoin High Income ETF

$BTCI was 63.82 it needs to go up 105% - IBIT had a high an ath of 69.80 it needs 65% to new high - NAV Erosion big time here - be careful

$BTCI Loaded up more yesterday, low ~$30's. Looking for BTC recovery now that election is over, BTCI nav slowly retrace up, tbd... Hmmm!?

$BTCI with the way that bitcoin moved, I'm not sure that a covered call fund is the way to go. In a bull market, it typically has slower bleeds down followed by large spikes up. Wouldn't a put spread ETF do a lot better? Just thinking that this will do a bit better in a flat market or very slightly down market, but bitcoin doesnt move like that in bull markets. This will likely drastically underlerform due to the upside spikes we typically see. Am I missing something? Does this sell call spreads?

$BTCI I believe the last three weeks of the month and the first week of the next month is the accumulation period. Next week is a good week to buy if rates go up.

$BTCI This fund pays too much each month, they will never get back to most entry - IF you want exposure IBIT or FBIT - AVOID THIS

$BTCI Why are you so "NAV Negative Negligent"!? You never post the big fat monthly distribution Check that compensates for NAV differences you are Oh-so obssesed with. Are you upset that you bought high and sold low = just another disgruntled Big Bag Holder? Looking at your post history, you appear to me as a Fool who thinks they are Clever posting the incomplete obvious... And / Or you just a Shorty, and got burned once again, by the Post election bump Uppp, part of the near + 1/2 Billion Shorty Bag Burn? My advice as that what seems to be what you think you are selling = a dose back your way; learn when to buy and sell, what drives the market, plus pick and choose your investments wisely. Me I like the income BTCI provides and fully understand the NAV tradeoffs. At a minimum, expect my present ~$10K / month to rise to ~$20K / month over next BTC Bull run / 3 yrs, whereupon BTCI NAV will have risen higher, tbd. Check the Garden every day and Pull the Weeds every way... Hmmm!?

$BTCI It’s better to ride out this drop and wait until the elections to buy more, because this will be the final dip before the upcoming bull rally.

$BTCI Bought more shares today and it dropped .67 per share on me. Ugh!!! Still in it to win it!!!

$BTCI Question for BTCI holders: If this goes back up, say over $50, will you sell and buy back lower, or hold throughout for the monthly income?