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About Roundhill ETF Trust Roundhill Bitcoin Covered Call Strategy ETF
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Inception date
Jan 18, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Roundhill Financial, Inc.
Distributor
Foreside Fund Services LLC
YBTC aims to generate monthly income while providing exposure to the price returns of one or more US-listed ETFs holding Bitcoin futures contracts (Bitcoin ETFs), subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys and cash. The synthetic long exposure seeks to replicate the price movements of the Bitcoin ETFs by buying call options and selling put options. To generate income, the fund writes one-month, out-of-the-money call options to be held to or close to expiration. This limits participation in potential gains if the ETF shares increase in value. The short put positions fully expose investors to the downside of the ETF share prices. The fund may directly hold shares of the Bitcoin ETFs. However, the fund does not invest directly in Bitcoin and has no direct exposure to the spot price of Bitcoin.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Rights & Warrants
Bonds, Cash & Other100.00%
Government83.91%
Rights & Warrants12.18%
Mutual fund2.53%
Cash1.39%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
YBTC last dividends amounted to 0.20 USD. The week before, the issuer paid 0.42 USD in dividends, which shows a 109.04% decrease.
YBTC assets under management is 226.81 M USD. It's risen 19.53% over the last month.
YBTC fund flows account for 199.77 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, YBTC pays dividends to its holders with the dividend yield of 45.14%. The last dividend (Jun 13, 2025) amounted to 0.20 USD. The dividends are paid weekly.
YBTC shares are issued by Roundhill Financial, Inc. under the brand Roundhill. The ETF was launched on Jan 18, 2024, and its management style is Active.
YBTC expense ratio is 0.96% meaning you'd have to pay 0.96% of your investment to help manage the fund.
YBTC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
YBTC invests in bonds.
YBTC price has fallen by −1.04% over the last month, and its yearly performance shows a −14.46% decrease. See more dynamics on YBTC price chart.
NAV returns, another gauge of an ETF dynamics, showed a 23.65% increase in three-month performance and has increased by 14.39% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 23.65% increase in three-month performance and has increased by 14.39% in a year.
YBTC trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.