YieldMax Bitcoin Option Income Strategy ETF (YBIT)Digital Assets | Exchange Traded Fund | NYSEArca
24.86 USD
+0.26
(1.057%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 24.77 -0.09 (-0.090%) ⇩ (April 17, 2026, 7:30 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 18, 2026, 7:15 p.m. EDT
YBIT is a classic income trap disguised as a dividend play; the astronomical 103% yield is a direct result of massive NAV erosion as the fund sells off its underlying Bitcoin call options to pay weekly distributions. While recent price action shows a shallow rebound from lows, the 52-week high to current price collapse and the forecast model's negative directional bias confirm a deteriorating asset. The options market is screaming fear on the downside, and this ETF is only viable for ultra-short-term income harvesting, not long-term wealth accumulation. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.190507 |
| AutoETS | 0.190513 |
| AutoTheta | 0.191084 |
| MSTL | 0.202549 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 51% |
| H-stat | 1.22 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.001 |
| Excess Kurtosis | 0.98 |
As of April 18, 2026, 7:15 p.m. EDT: Short-term (May 15) options show extremely elevated Implied Volatility for Puts (1.06) compared to Calls (0.55), signaling fear of downside. While Call OI is concentrated deep ITM (28 strike), Put OI is heavily skewed towards deep OTM protective strikes (7 strike). The August expiry data reveals a significant skew where Put OI (84 contracts) far exceeds Call OI (0 contracts) for near-term strikes, suggesting speculators are aggressively hedging or betting on a drop, despite the current price hovering near the 50-day average.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.13% | 81.66% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.278 | 1.130081 |
| 2026-04-09 | 0.273 | 1.138990 |
| 2026-04-02 | 0.262 | 1.151057 |
| 2026-03-26 | 0.273 | 1.182247 |
| 2026-03-19 | 0.375 | 1.600523 |
| 2026-03-12 | 0.323 | 1.380395 |
| 2026-03-05 | 0.296 | 1.270649 |
| 2026-02-26 | 0.246 | 1.098037 |
| 2026-02-19 | 0.240 | 1.085427 |
| 2026-02-12 | 0.219 | 1.017101 |
| 2026-02-05 | 0.238 | 1.150887 |
| 2026-01-29 | 0.251 | 0.929502 |
| 2026-01-22 | 0.336 | 1.176418 |
| 2026-01-15 | 0.236 | 0.776704 |
| 2026-01-08 | 0.305 | 1.038955 |
| 2026-01-02 | 0.285 | 0.977508 |
| 2025-12-26 | 0.301 | 1.051991 |
| 2025-12-18 | 0.281 | 1.010359 |
| 2025-12-11 | 0.279 | 0.937808 |
| 2025-12-04 | 0.694 | 2.351585 |
| 2025-11-28 | 0.350 | 1.198532 |
| 2025-11-20 | 0.375 | 1.339601 |
| 2025-11-13 | 0.380 | 1.209974 |
| 2025-11-06 | 0.365 | 1.137030 |
| 2025-10-30 | 0.675 | 2.010000 |
| 2025-10-23 | 0.405 | 1.176412 |
| 2025-10-16 | 1.225 | 3.619490 |
| 2025-10-02 | 1.540 | 4.152951 |
| 2025-09-04 | 1.385 | 4.029994 |
| 2025-08-07 | 2.710 | 7.361761 |
| 2025-07-10 | 1.905 | 5.409985 |
| 2025-06-12 | 1.655 | 4.959308 |
| 2025-05-15 | 4.350 | 13.328594 |
| 2025-04-17 | 2.055 | 7.271847 |
| 2025-03-20 | 2.180 | 8.032223 |
| 2025-02-20 | 2.755 | 8.828777 |
| 2025-01-23 | 3.945 | 12.432288 |
| 2024-12-27 | 3.545 | 12.092070 |
| 2024-11-29 | 6.320 | 20.296679 |
| 2024-10-31 | 3.360 | 13.312970 |
| 2024-10-03 | 3.990 | 16.957458 |
| 2024-09-06 | 3.610 | 16.506144 |
| 2024-08-07 | 3.355 | 14.596450 |
| 2024-07-05 | 6.080 | 24.017784 |
| 2024-06-06 | 6.855 | 23.195585 |
| Attribute | Value |
|---|---|
| All Time High | 118.1 |
| All Time Low | 13.91 |
| Ask | 26.42 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 21,720 |
| Average Daily Volume3 Month | 49,451 |
| Average Volume | 49,451 |
| Average Volume10Days | 21,720 |
| Beta3 Year | 0.0 |
| Bid | 24.77 |
| Bid Size | 100 |
| Category | Digital Assets |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.04 |
| Day Low | 24.72 |
| Dividend Yield | 103.01 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.50336 |
| Fifty Day Average Change | 0.35663986 |
| Fifty Day Average Change Percent | 0.0145547325 |
| Fifty Two Week Change Percent | -50.180363 |
| Fifty Two Week High | 57.4 |
| Fifty Two Week High Change | -32.54 |
| Fifty Two Week High Change Percent | -0.56689894 |
| Fifty Two Week Low | 22.791 |
| Fifty Two Week Low Change | 2.0690002 |
| Fifty Two Week Low Change Percent | 0.09078146 |
| Fifty Two Week Range | 22.791 - 57.4 |
| First Trade Date Milliseconds | 1,713,879,000,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | YieldMax ETFs |
| Fund Inception Date | 1,713,744,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF that seeks current income while providing indirect exposure to the share price of one or more select U.S.-listed ETPs that seek exposure to Bitcoin, which is a “cryptocurrency”, subject to a limit on potential investment gains as a result of the nature of the options strategy it employs. The fund is non-diversified. |
| Long Name | YieldMax Bitcoin Option Income Strategy ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1871621571 |
| Nav Price | 24.8413 |
| Net Assets | 57,333,656.0 |
| Net Expense Ratio | 1.02 |
| Open | 24.77 |
| Post Market Change | -0.09000015 |
| Post Market Change Percent | -0.36202797 |
| Post Market Price | 24.77 |
| Post Market Time | 1,776,468,621 |
| Previous Close | 24.6 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.26 |
| Regular Market Change Percent | 1.05691 |
| Regular Market Day High | 25.04 |
| Regular Market Day Low | 24.72 |
| Regular Market Day Range | 24.72 - 25.04 |
| Regular Market Open | 24.77 |
| Regular Market Previous Close | 24.6 |
| Regular Market Price | 24.86 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 38,002 |
| Short Name | YieldMax Bitcoin Option Income |
| Source Interval | 15 |
| Symbol | YBIT |
| Total Assets | 57,333,656 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -19.35017 |
| Trailing Three Month Returns | -19.35017 |
| Triggerable | 1 |
| Two Hundred Day Average | 39.07584 |
| Two Hundred Day Average Change | -14.215839 |
| Two Hundred Day Average Change Percent | -0.36380124 |
| Type Disp | ETF |
| Volume | 38,002 |
| Yield | 1.0301 |
| Ytd Return | -19.35017 |