Roundhill ETF Trust Roundhill Bitcoin Covered Call Strategy ETFRoundhill ETF Trust Roundhill Bitcoin Covered Call Strategy ETFRoundhill ETF Trust Roundhill Bitcoin Covered Call Strategy ETF

Roundhill ETF Trust Roundhill Bitcoin Covered Call Strategy ETF

No trades
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Key stats


Assets under management (AUM)
‪106.96 M‬USD
Fund flows (1Y)
‪103.08 M‬USD
Dividend yield (indicated)
46.60%
Discount/Premium to NAV
−0.03%
Shares outstanding
‪2.09 M‬
Expense ratio
0.95%

About Roundhill ETF Trust Roundhill Bitcoin Covered Call Strategy ETF


Issuer
Roundhill Financial, Inc.
Brand
Roundhill
Inception date
Jan 18, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
No distributions
YBTC aims to generate monthly income while providing exposure to the price returns of one or more US-listed ETFs holding Bitcoin futures contracts (Bitcoin ETFs), subject to a cap on potential gains. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys and cash. The synthetic long exposure seeks to replicate the price movements of the Bitcoin ETFs by buying call options and selling put options. To generate income, the fund writes one-month, out-of-the-money call options to be held to or close to expiration. This limits participation in potential gains if the ETF shares increase in value. The short put positions fully expose investors to the downside of the ETF share prices. The fund may directly hold shares of the Bitcoin ETFs. However, the fund does not invest directly in Bitcoin and has no direct exposure to the spot price of Bitcoin.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short USD
Niche
Derivative
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government94.46%
Mutual fund6.25%
Cash−0.71%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.