YETH

Roundhill Ether Covered Call Strategy ETF

$18.51
+0.00%
Market closed. Last update: 11:43 PM ET

📎 Investment Objective

The Roundhill Ether Covered Call Strategy ETF (YETH) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Roundhill Ether Covered Call Index.

Overview

ETF tracking Roundhill Ether Covered Call Strategy ETF

Category Other
Issuer Other
Inception Date 2024-09-04
Market Cap $87.6M
Average Volume N/A
Dividend Yield 18.96%
52-Week Range $18.51 - $59.14
VWAP $18.76

Performance

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Investment Summary

📎 Investment Objective

The Roundhill Ether Covered Call Strategy ETF (YETH) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Roundhill Ether Covered Call Index.

🎯 Investment Strategy

The ETF employs a covered call strategy, selling call options on the Ether cryptocurrency to generate additional income. The fund aims to provide exposure to Ether with the potential for enhanced yield compared to a direct investment in Ether.

✨ Key Features

  • Provides exposure to Ether cryptocurrency through a covered call strategy
  • Seeks to generate additional income by selling call options on the Ether holdings
  • Aims to outperform a direct investment in Ether through the covered call approach
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Cryptocurrency risk: Ether and other cryptocurrencies are highly volatile and speculative investments
  • Covered call risk: The covered call strategy may limit the upside potential if Ether prices rise significantly
  • Liquidity risk: The ETF may experience lower trading volumes and reduced liquidity compared to more established funds
  • Regulatory risk: The cryptocurrency market is subject to evolving regulations that could impact the fund's operations

👤 Best For

This ETF may be suitable for investors seeking exposure to Ether with the potential for enhanced yield, but who have a higher risk tolerance and understand the unique risks associated with cryptocurrency investments.