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YieldMax Bitcoin Option Income Strategy ETF (YBIT)

Digital Assets | Exchange Traded Fund | NYSEArca
18.57 USD -0.37 (-1.953%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 18.57

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 3:32 a.m. EDT

The long-term investment case is severely compromised by a structural decline; the asset has lost over 30% of its value in just one year, signaling that the market views the underlying business model as deteriorating rather than offering a margin of safety. While the headline yield is astronomical at 32%, this is a classic 'yield trap' characteristic of income strategies where capital destruction is used to fund distributions, making the payout unsustainable if the price continues to fall. Short-term momentum remains deeply bearish, with the price trading well below its 50-day and 200-day averages, confirming a downtrend. Options data confirms this pessimism, with traders loading up on cheap put insurance while ignoring upside potential. The statistical forecast leans slightly negative, aligning with the broader technical and fundamental picture.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.133887
AutoARIMA0.136051
AutoETS0.137066
MSTL0.139268

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 40%
H-stat 149.55
Ljung-Box p 0.000
Jarque-Bera p 0.064
Excess Kurtosis -1.71

As of July 11, 2026, 3:32 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest in deep out-of-the-money puts expiring in August and November compared to negligible call activity. This indicates a strong bearish sentiment or a hedge against significant price collapse, while the extremely low implied volatility on calls suggests a lack of expectation for a sharp rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.91% 52.75%
Dividend History
Date Dividend Yield %
2026-07-09 0.172 0.911017
2026-07-02 0.149 0.795091
2026-06-25 0.144 0.789907
2026-06-18 0.151 0.786049
2026-06-11 0.150 0.777202
2026-06-04 0.165 0.844854
2026-05-28 0.191 0.845881
2026-05-21 0.183 0.769878
2026-05-14 0.236 0.953150
2026-05-07 0.320 1.295022
2026-04-30 0.332 1.374741
2026-04-23 0.269 1.090924
2026-04-16 0.278 1.130081
2026-04-09 0.273 1.126238
2026-04-02 0.262 1.125430
2026-03-26 0.273 1.143216
2026-03-19 0.375 1.530612
2026-03-12 0.323 1.300322
2026-03-05 0.296 1.181637
2026-02-26 0.246 1.009438
2026-02-19 0.240 0.988061
2026-02-12 0.219 0.916702
2026-02-05 0.238 1.028078
2026-01-29 0.251 0.822951
2026-01-22 0.336 1.033528
2026-01-15 0.236 0.675444
2026-01-08 0.305 0.897587
2026-01-02 0.285 0.837004
2025-12-26 0.301 0.893175
2025-12-18 0.281 0.850227
2025-12-11 0.279 0.782609
2025-12-04 0.694 1.947250
2025-11-28 0.350 0.973574
2025-11-20 0.375 1.077586
2025-11-13 0.380 0.963245
2025-11-06 0.365 0.896806
2025-10-30 0.675 1.571595
2025-10-23 0.405 0.906040
2025-10-16 1.225 2.762120
2025-10-02 1.540 3.086172
2025-09-04 1.385 2.903564
2025-08-07 2.710 5.156993
2025-07-10 1.905 3.601134
2025-06-12 1.655 3.185755
2025-05-15 4.350 8.301526
2025-04-17 2.055 4.181078
2025-03-20 2.180 4.430894
2025-02-20 2.755 4.665538
2025-01-23 3.945 6.271860
2024-12-27 3.545 5.745543
2024-11-29 6.320 9.126354
2024-10-31 3.360 5.485714
2024-10-03 3.990 6.644463
2024-09-06 3.610 6.067227
2024-08-07 3.355 5.071806
2024-07-05 6.080 7.947712
2024-06-06 6.855 7.144718
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 32.16

Info Dump

Attribute Value
All Time High 118.1
All Time Low 13.91
Ask 19.95
Ask Size 300
Average Daily Volume10 Day 17,020
Average Daily Volume3 Month 29,634
Average Volume 29,634
Average Volume10Days 17,020
Beta3 Year 0.0
Bid 18.48
Bid Size 100
Category Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 18.63
Day Low 18.425
Dividend Yield 32.16
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.4183
Fifty Day Average Change -2.848301
Fifty Day Average Change Percent -0.13298444
Fifty Two Week Change Percent -65.311356
Fifty Two Week High 55.685
Fifty Two Week High Change -37.115
Fifty Two Week High Change Percent -0.666517
Fifty Two Week Low 17.98
Fifty Two Week Low Change 0.59000015
Fifty Two Week Low Change Percent 0.032814246
Fifty Two Week Range 17.98 - 55.685
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 POSTPOST
Max Age 86,400
Message Board Id finmb_1871621571
Nav Price 18.9073
Net Assets 34,658,492.0
Net Expense Ratio 1.02
Open 18.77
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 18.57
Post Market Time 1,783,986,608
Previous Close 18.9399
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.3699
Regular Market Change Percent -1.95302
Regular Market Day High 18.63
Regular Market Day Low 18.425
Regular Market Day Range 18.425 - 18.63
Regular Market Open 18.77
Regular Market Previous Close 18.9399
Regular Market Price 18.57
Regular Market Time 1,783,972,800
Regular Market Volume 9,328
Short Name YieldMax Bitcoin Option Income
Source Interval 15
Symbol YBIT
Total Assets 34,658,492
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -13.22457
Trailing Three Month Returns -13.22457
Triggerable 1
Two Hundred Day Average 30.462755
Two Hundred Day Average Change -11.8927555
Two Hundred Day Average Change Percent -0.39040315
Type Disp ETF
Volume 9,328
Yield 0.3216
Ytd Return -30.01576