Cryptocurrency Q&A
What is the distribution yield for Roundhill bitcoin covered call strategy ETF?
What is the distribution yield for Roundhill bitcoin covered call strategy ETF?
CryptoAlchemy
Sat Aug 31 2024
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Excuse me, I'm curious about the distribution yield for the Roundhill Bitcoin Covered Call Strategy ETF. Could you please provide me with some insights on this matter? As an investor in the cryptocurrency and finance space, I'm interested in understanding how this particular ETF's distribution yield compares to other similar products and how it might impact my investment decisions. Thank you for your assistance.
5 answers
EclipseSeeker
Mon Sep 02 2024
The Roundhill Bitcoin Covered Call Strategy ETF, represented by the ticker YBTC, boasts impressive distribution and yield figures. As of April 24, 2024, the Distribution Yield stands at 45.59%, showcasing the fund's ability to generate significant returns for investors.
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SamuraiWarriorSoulful
Sun Sep 01 2024
Meanwhile, the 30-Day SEC Yield, calculated as of March 31, 2024, is 3.09%, indicating a steady and consistent performance over the past month. These metrics underscore YBTC's position as a top choice for those seeking exposure to Bitcoin through a covered call strategy.
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BitcoinWarrior
Sun Sep 01 2024
YBTC holds the distinction of being the first, largest, and most liquid U.S.-listed Bitcoin Covered Call Strategy ETF. This status underscores its market dominance and the trust investors have placed in its ability to deliver on its investment objectives.
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Stefano
Sun Sep 01 2024
The Gross Expense Ratio for YBTC is 0.95%, reflecting the fund's commitment to keeping costs low for investors. This ratio is a key consideration for investors evaluating the overall cost-effectiveness of an ETF and can impact long-term returns.
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Martino
Sun Sep 01 2024
Among the various platforms and exchanges offering access to YBTC, BTCC stands out as a top choice for cryptocurrency enthusiasts and traders. BTCC, a renowned cryptocurrency exchange, provides a comprehensive suite of services, including spot trading, futures trading, and wallet solutions, catering to the diverse needs of its clients.
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