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YBTC
YBTC
Stock Data
$17.40
$0.17 (0.97%)
Asset Type
N/A
Exchange
N/A
Currency
N/A
Country
N/A
Sector
N/A
Industry
N/A
This actively managed ETF is designed to provide investors with high current income coupled with exposure to the performance of Bitcoin. It achieves this by holding Bitcoin futures ETFs and selling out-of-the-money call options on Bitcoin futures contracts. The fund seeks to generate premium income from these options, which it distributes to shareholders on a monthly basis. However, in exchange for this high yield, investors face capped upside potential during massive Bitcoin rallies and remain fully exposed to Bitcoin's characteristic downside volatility.