| Browse All

Roundhill Bitcoin Covered Call Strategy ETF (YBTC)

Digital Assets | Exchange Traded Fund | Cboe US
21.91 USD -0.36 (-1.617%) ⇩ (April 20, 2026, 3:59 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆
Hot Take | April 18, 2026, 10:38 p.m. EDT

Premium generation is slowing. The instrument is generating cash flow to survive current lows, but the tactical option positioning by smart money (October+ Puts) indicates a conviction in significant downside or prolonged flatness, rendering the covered call trade's upside potential insufficient relative to the risk. Better yield elsewhere.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.194746
AutoETS0.197817
MSTL0.207412
AutoTheta0.212663

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 54%
H-stat 1.20
Ljung-Box p 0.000
Jarque-Bera p 0.005
Excess Kurtosis 0.75

As of April 18, 2026, 10:38 p.m. EDT: Options flow exhibits a distinct divergence by expiration. Near-term calls (April/May) show weak positioning with low volume and open interest, suggesting a lack of aggressive bullish conviction close to the current price. Conversely, long-dated puts (June+ September) display unusually high Open Interest (OI) and significant new volume at strikes 27, 38, and 39. This 'otm_oi_pct' skew suggests a behavioral cap-buyer strategy: investors are locking in weekly cash flow to offset long-term downside risk or speculation that prolonged market stagnation is imminent, invalidating the covered call premium over time.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.90% 62.24%
Dividend History
Date Dividend Yield %
2026-04-15 0.195 0.896552
2026-04-08 0.159 0.755020
2026-04-01 0.148 0.720108
2026-03-25 0.170 0.799562
2026-03-18 0.165 0.769526
2026-03-11 0.159 0.757827
2026-03-04 0.165 0.808163
2026-02-25 0.167 0.823406
2026-02-18 0.210 1.071360
2026-02-11 0.207 1.056388
2026-02-04 0.218 1.023502
2026-01-28 0.237 0.924266
2026-01-21 0.195 0.760504
2026-01-14 0.282 1.035701
2026-01-07 0.197 0.751241
2025-12-31 1.385 5.499231
2025-12-24 0.859 3.438870
2025-12-17 0.210 0.856015
2025-12-10 0.215 0.820640
2025-12-03 0.198 0.752136
2025-11-26 0.225 0.898126
2025-11-19 0.281 1.119108
2025-11-12 0.302 1.060832
2025-11-05 0.302 1.043777
2025-10-29 0.297 0.975321
2025-10-22 0.367 1.237884
2025-10-15 0.389 1.274203
2025-10-08 0.378 1.125074
2025-10-01 0.400 1.204665
2025-09-24 0.410 1.219394
2025-09-17 0.395 1.161426
2025-09-10 0.382 1.142709
2025-09-03 0.462 1.412298
2025-08-27 0.498 1.507643
2025-08-20 0.484 1.454405
2025-08-13 0.342 1.003671
2025-08-06 0.506 1.531217
2025-07-30 0.440 1.325229
2025-07-23 0.525 1.573421
2025-07-16 0.453 1.361937
2025-07-09 0.311 0.969294
2025-07-02 0.275 0.877984
2025-06-26 0.275 0.901141
2025-06-18 0.201 0.681536
2025-06-12 0.203 0.669958
2025-06-05 0.424 1.474981
2025-05-29 0.243 0.815947
2025-05-22 0.515 1.694485
2025-05-15 0.493 1.715960
2025-05-08 0.260 0.924789
2025-05-01 0.237 0.882851
2025-04-24 0.445 1.674027
2025-04-16 0.443 1.780636
2025-04-10 0.309 1.314206
2025-04-03 0.282 1.187644
2025-03-27 0.328 1.316980
2025-03-20 0.564 2.335499
2025-03-13 0.324 1.423708
2025-03-06 0.244 0.987929
2025-02-27 0.230 0.983008
2025-02-20 0.281 1.016142
2025-02-13 0.293 1.091377
2025-02-06 0.565 2.090692
2025-01-30 0.880 3.000294
2025-01-23 0.383 1.353331
2025-01-16 0.350 1.242972
2025-01-08 0.535 2.003359
2025-01-02 1.036 3.804082
2024-12-30 1.632 6.092218
2024-11-27 1.773 6.722917
2024-10-30 0.884 3.863111
2024-09-27 2.110 10.141398
2024-08-29 1.612 8.370126
2024-07-30 2.062 9.615322
2024-06-27 0.912 4.658831
2024-05-30 1.843 8.457559
2024-04-26 2.048 9.780910
2024-03-26 4.125 18.635621
2024-02-27 1.812 9.270787
2024-01-29 1.334 7.678230
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 85.8

Info Dump

Attribute Value
All Time High 59.61
All Time Low 19.54
Ask 0.0
Ask Size 600
Average Daily Volume10 Day 120,060
Average Daily Volume3 Month 160,732
Average Volume 160,732
Average Volume10Days 120,060
Beta3 Year 0.0
Bid 21.86
Bid Size 500
Category Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 21.97
Day Low 21.52
Dividend Yield 85.8
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 21.41048
Fifty Day Average Change 0.49951935
Fifty Day Average Change Percent 0.0233306
Fifty Two Week Change Percent -48.796444
Fifty Two Week High 49.8
Fifty Two Week High Change -27.89
Fifty Two Week High Change Percent -0.5600402
Fifty Two Week Low 19.54
Fifty Two Week Low Change 2.369999
Fifty Two Week Low Change Percent 0.1212896
Fifty Two Week Range 19.54 - 49.8
First Trade Date Milliseconds 1,705,588,200,000
Full Exchange Name Cboe US
Fund Family Roundhill Investments
Fund Inception Date 1,705,449,600
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 seeks to achieve its investment objectives through the use of a synthetic covered call strategy that provides current income on a monthly basis, while also providing exposure to the price return of one or more exchange-traded funds (“ETFs”) that provide exposure to bitcoin and whose shares trade on a U.S.-regulated securities exchange. It will invest at least 80% of its net assets in options contracts that utilize a Bitcoin ETF as the reference asset. For purposes of compliance with this investment policy, derivative contracts will be valued at their notional value. The fund is non-diversified.
Long Name Roundhill Bitcoin Covered Call Strategy ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1862731018
Nav Price 22.2799
Net Assets 157,056,128.0
Net Expense Ratio 0.96
Open 21.72
Pre Market Change -0.010000229
Pre Market Change Percent -0.045642305
Pre Market Price 21.9
Pre Market Time 1,776,764,191
Previous Close 22.27
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.360001
Regular Market Change Percent -1.61653
Regular Market Day High 21.97
Regular Market Day Low 21.52
Regular Market Day Range 21.52 - 21.97
Regular Market Open 21.72
Regular Market Previous Close 22.27
Regular Market Price 21.91
Regular Market Time 1,776,715,194
Regular Market Volume 212,920
Short Name Roundhill Bitcoin Covered Call
Source Interval 15
Symbol YBTC
Total Assets 157,056,128
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -18.57945
Trailing Three Month Returns -18.57945
Triggerable 1
Two Hundred Day Average 34.58997
Two Hundred Day Average Change -12.67997
Two Hundred Day Average Change Percent -0.36657938
Type Disp ETF
Volume 212,920
Yield 0.85800004
Ytd Return -18.57945