VistaShares BitBonds™ 5 Yr Enhanced Weekly Option Income ETF (NYSE: BTYB)

Disclosure & Disclaimer

Last Updated: March 17, 2026

Advertising Disclosure

Wolf Financial LLC ("Wolf Financial") may publish content referencing the VistaShares BitBonds™ 5 Yr Enhanced Weekly Option Income ETF ("BTYB"). Wolf Financial has been contracted to disseminate information about BTYB. This relationship creates a potential conflict of interest.

About This ETF

The VistaShares BitBonds™ 5 Yr Enhanced Weekly Option Income ETF (BTYB) is an actively managed exchange-traded fund designed to generate weekly income while maintaining exposure to both U.S. Treasury securities and Bitcoin-related investments. The fund combines a core allocation to U.S. Treasuries (approximately 80% of the portfolio) with a smaller allocation to Bitcoin-related exposure and a synthetic covered call options strategy designed to generate additional income.

The strategy seeks to achieve an annual income target of approximately double the yield of a 5-year U.S. Treasury bond, with distributions paid on a weekly basis.

• Strategy type: Treasuries + Bitcoin exposure + options-based income
• Income objective: Weekly distributions targeting approximately 2x the 5-year Treasury yield
• Core allocation: ~80% U.S. Treasury securities
• Management style: Active
• Expense ratio: 0.52%
• Distribution frequency: Weekly
• Primary exchange: NYSE
• Fund page: https://www.vistashares.com/etf/btyb/

Important Risk Disclosures

This ETF may not be suitable for all investors.

BTYB combines traditional fixed income securities with Bitcoin-related exposure and an options-based income strategy. This multi-asset approach involves risks that differ significantly from those of traditional bond or equity funds.

Key risks include, but are not limited to:

• Bitcoin and digital asset volatility risk — Bitcoin-related investments can experience rapid and substantial price swings
• Options strategy risk, including the potential for limited upside participation on Bitcoin-related exposure
• Interest rate risk — U.S. Treasury securities are subject to price declines when interest rates rise
• Distribution risk — there is no guarantee that the fund will achieve its targeted income level or maintain weekly distributions
• Regulatory risk — the regulatory environment for Bitcoin-related investments may change and could adversely affect the fund
• Counterparty and derivative risk associated with both options contracts and Bitcoin-related exchange-traded products
• Risk that actual distributions may vary significantly depending on market conditions

Distributions are not guaranteed. Past distribution levels are not indicative of future payouts. An investor could lose some or all of their investment.

Position Disclosure

As of the date above, Wolf Financial LLC and its affiliated creators do not hold positions in BTYB.

No Investment Advice

This content is provided for informational and educational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security.

Wolf Financial LLC is not a registered investment adviser or broker-dealer.

Investors should carefully review the fund's prospectus and consider their own financial situation and risk tolerance before investing.

Compensation

The Investing Authority ("TIA"), on behalf of VistaShares, has contracted Wolf Financial LLC to publicly disseminate information about BTYB via digital communications. Wolf Financial LLC is being paid $216,000 USD for a promotional campaign running from January 1, 2026 through January 1, 2027.

Official Fund Resources

• Issuer website: https://www.vistashares.com/
• Fund page: https://www.vistashares.com/etf/btyb/
• SEC filings: https://www.sec.gov

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