Roundhill Bitcoin Covered Call Strategy ETF

YBTC

Market cap $315M

Overview Fund Activity

46.70 USD

+0.65

1.41%

At close Updated Sep 18, 4:00 PM EDT

Pre-market

After hours

46.95

+0.25

0.54%

1 day

1.41%

5 days

0.97%

1 month

-2.85%

3 months

4.33%

6 months

16.34%

Year to date

-7.41%

1 year

9.6%

5 years

-3.79%

10 years

-3.79%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

700% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 1

88% more capital invested

Capital invested by funds: $4.9M [Q1] → $9.23M (+$4.33M) [Q2]

70% more funds holding

Funds holding: 10 [Q1] → 17 (+7) [Q2]

67% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 3

0.49% more ownership

Funds ownership: 3.53% [Q1] → 4.02% (+0.49%) [Q2]

45% less call options, than puts

Call options by funds: $247K | Put options by funds: $452K

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Financial journalist opinion

YBTC: High Yield From Bitcoin, But Lower-Yielding Peer Wins Again

YBTC is an offering in the Bitcoin space that seeks to generate a weekly distribution for its investors. It generates this weekly distribution through writing options on ETFs and indexes that have exposure to BTC. The fund provides a massive distribution yield, but its relatively lower-yielding peer wins again on the total return front thanks to a more flexible strategy.

YBTC: High Yield From Bitcoin, But Lower-Yielding Peer Wins Again

YBTC: Weekly Distribution Serves As A Good Income Stream To Build Bitcoin Exposure

YBTC offers a unique weekly income strategy in the crypto space, boasting over a 40% distribution rate and low expense ratio among peers. Bitcoin's legitimacy is rising, with its market cap surpassing $2.2 trillion and institutional adoption growing, supporting long-term growth potential. YBTC's high distribution helps manage Bitcoin's volatility, enabling investors to build cash reserves for reinvestment and flexible portfolio strategies.

YBTC: Weekly Distribution Serves As A Good Income Stream To Build Bitcoin Exposure

YBTC Might Be The Best Bitcoin Covered Call Fund

YBTC outperforms peers, capturing 80% of Bitcoin's upside and delivering a 40% yield, while maintaining stable NAV through disciplined distributions. Active management and flexible covered call strategies—mixing weekly and monthly options—enable the Fund to adapt to Bitcoin's volatility and maximize returns. Roundhill Bitcoin Covered Call Strategy ETF's performance is still closely tied to Bitcoin's direction; it softens losses in downturns but will decline if Bitcoin enters a bear market.

YBTC Might Be The Best Bitcoin Covered Call Fund

Get Paid Weekly From A Variety Of Options Income ETFs

Weekly income ETFs are booming, with new funds leveraging 0DTE options strategies to generate high-yield, frequent distributions for passive income seekers. Roundhill, YieldMax, Rex Shares, and GraniteShares have all launched innovative ETFs offering weekly payouts, each with unique strategies and underlying assets. While yields are attractive—some exceeding 20% annually—these funds are new, so investors should monitor performance and understand the risks involved.

Get Paid Weekly From A Variety Of Options Income ETFs

Roundhill Announces Distribution Calendar Changes: ETF Lineup to Offer Distributions Every Weekday

YETH will seek to pay weekly distributions starting in July; YBTC and YETH will now trade ex-dividend each Wednesday and pay on Thursday. NEW YORK , June 16, 2025 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, announced today that the Roundhill Ether Covered Call Strategy ETF (YETH) will transition from monthly to weekly distributions.

Roundhill Announces Distribution Calendar Changes: ETF Lineup to Offer Distributions Every Weekday

Comparing Bitcoin Covered Call: YBTC Vs. YBIT

Benchmarking YBTC against YBIT shows YBTC has lower payouts but potentially better growth, making it suitable for investors seeking higher bitcoin exposure. YBIT offers quicker de-risking from bitcoin, making it ideal for those needing income and downside comfort, despite underperformance in up markets. YBTC outperforms in sideways to upward markets, while YBIT holds better in downtrends, highlighting their different risk-reward profiles.

Comparing Bitcoin Covered Call: YBTC Vs. YBIT

YBTC Still Has A Mammoth Yield Of 55%, But Risks Remain

Roundhill Bitcoin Covered Call Strategy ETF offers a high yield of nearly 55% with weekly distributions, but underperforms Bitcoin due to its capped upside and complex options strategy. The fund's distributions are primarily return-of-capital, making it tax-efficient but volatile, with income dependent on Bitcoin's volatility. Compared to MAXI, YBTC's capped upside limits its potential, making it less attractive despite its higher yield and frequent payouts.

YBTC Still Has A Mammoth Yield Of 55%, But Risks Remain

Roundhill Launches 5 Leveraged Weekly Income ETFs

Roundhill Investments announced the launch of the first five of its new WeeklyPay ETF suite on the Cboe Exchange on Wednesday, February 19, 2025. The funds offer weekly distributions with leveraged exposure to specific single stocks, expanding the income playing field.

Roundhill Launches 5 Leveraged Weekly Income ETFs

YBTC: 45% Annual Yields Paid Weekly But Beware The Risks

Roundhill's Bitcoin Covered Call Strategy ETF (YBTC) offers weekly distributions, no NAV erosion this past year, and a 45% yield, making it attractive for income-focused investors. YBTC employs a synthetic Bitcoin covered call strategy that currently sells options on IBIT. Despite YBTC's strong performance, Bitcoin's higher returns highlight the trade-off of covered calls and investors should consider numerous risks associated with the limited history of Bitcoin and Bitcoin derivatives.

YBTC: 45% Annual Yields Paid Weekly But Beware The Risks

YBTC: Decent Bitcoin Income But With Risks

YBTC's 43% yield has made for good income but is very much a risk premium. The fund uses a synthetic covered call strategy on BTC ETFs, leading to consistent income but limited upside compared to holding BTC directly. YBTC is vulnerable to BTC's speculative nature and market volatility, with risks amplified by potential breakthroughs in mining technology and quantum computing.

YBTC: Decent Bitcoin Income But With Risks

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