YBTC
Roundhill Bitcoin Covered Call Strategy ETF
📎 Investment Objective
The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Roundhill Bitcoin Covered Call Index.
Overview
ETF tracking Roundhill Bitcoin Covered Call Strategy ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Roundhill Bitcoin Covered Call Index.
🎯 Investment Strategy
The ETF invests primarily in bitcoin futures contracts and employs a covered call strategy to generate additional income. The fund aims to provide exposure to the bitcoin market while potentially generating income through call option premiums.
✨ Key Features
- Provides exposure to the bitcoin market through futures contracts
- Employs a covered call strategy to generate additional income
- Aims to provide a balance of capital appreciation and income generation
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to the volatile and speculative bitcoin futures market
- Potential underperformance compared to the spot bitcoin price due to the covered call strategy
- Liquidity risks associated with the bitcoin futures market
- Counterparty risk related to the futures contracts
👤 Best For
This ETF may be suitable for investors seeking exposure to the bitcoin market with the potential for income generation, and who have a higher risk tolerance and longer investment horizon to weather the volatility of the cryptocurrency market.