The invention relates to a preparation method of filter tip fibers for selectively adsorbing benzopyrene and phenol. The preparation method comprises the steps of firstly, performing oxidation treatment on graphite to obtain graphene oxide, performing ultrasonic treatment on the graphene oxide to prepare an aqueous solution or preparing a mixed aqueous solution from the graphene oxide with chitosan, next, dipping the fibers into the aqueous solution of the graphene oxide or in the mixed solution of the graphene oxide and the aqueous solution of the chitosan, drying in vacuum for 6 hours at 80 DEG C, and finally, obtaining the filter tip fibers. According to the preparation method, the chitosan is evenly attached on the surface of the fibers and a remarkable effect of reducing phenol harmful substances can be achieved. Meanwhile, due to strong Pi-Pi interaction between the graphene and the benzopyrene, the graphene modified filter tip is capable of effectively retaining the strong carcinogenic substance benzopyrene in the smoke of cigarette. The preparation method is simple, relatively high in efficiency and low in environmental pollution; meanwhile, the fibers can be modified after the graphene and the chitosan are compounded, and the synergistic effect of the graphene and the chitosan in removing arene harmful substances can be developed; as a result, the preparation method has favorable application prospect.