Bitwise CRCL ETF Declares $0.72755 Distribution, 25.65% Monthly Gain
Bitwise CRCL Option Income Strategy ETF declared a monthly distribution of $0.72755 per share, reflecting a 30.86% annualized distribution rate with 100% return of capital. Ex-dividend date is March 27, 2026, with payment on March 31, and the ETF posted a 25.65% monthly return while remaining down 25.20% since inception.
1. Monthly Distribution Details
Bitwise announced that the CRCL Option Income Strategy ETF will pay $0.72755 per share with an ex-dividend date of March 27, 2026, and a payment date of March 31, 2026. The distribution rate is 30.86% annualized, calculated by annualizing the latest per-share payout against the ETF’s NAV.
2. Performance Metrics
ICRC delivered a 25.65% return over the past month, buoyed by option premiums under its covered call strategy, but its performance remains negative 25.20% since inception. The ETF’s 30-day SEC yield is 0.00%, and the full distribution is classified as return of capital, which may reduce NAV over time.
3. Strategy and Risks
The fund utilizes a synthetic covered call approach on CRCL shares to generate option income, sacrificing upside beyond strike prices while bearing downside risk in share declines. Investors should be aware that return of capital distributions can erode principal and that past performance does not guarantee future results.