(YBTC) Roundhill Bitcoin Covered - Overview
Etf: Options, Bitcoin, ETF, Monthly-Income, Call-Strategy
Dividends
| Dividend Yield | 47.19% |
| Yield on Cost 5y | 98.61% |
| Yield CAGR 5y | -5.71% |
| Payout Consistency | 96.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 130% |
| Relative Tail Risk | 3.50% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.62 |
| Alpha | -41.22 |
| Character TTM | |
|---|---|
| Beta | 0.872 |
| Beta Downside | 0.550 |
| Drawdowns 3y | |
|---|---|
| Max DD | 47.10% |
| CAGR/Max DD | 0.21 |
Description: YBTC Roundhill Bitcoin Covered January 01, 2026
The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) employs a synthetic covered-call approach that writes (sells) options on a Bitcoin-focused ETF while retaining exposure to the underlying digital-asset price movements. Income is generated monthly from the option premiums, and the fund’s performance reflects both the option-selling returns and the price appreciation (or depreciation) of the reference Bitcoin ETF.
At least 80 % of YBTC’s net assets are allocated to options contracts whose reference asset is a Bitcoin-ETF listed on a U.S. exchange. For compliance, these derivatives are marked to their notional value rather than market value, which can amplify the fund’s sensitivity to changes in Bitcoin volatility.
Because the ETF is classified as non-diversified, it concentrates risk in the digital-asset sector and is subject to the high-frequency price swings of Bitcoin. As of the latest filing, YBTC carries an expense ratio of roughly 0.75 % and manages around $150 million in assets, reflecting modest but growing investor interest in covered-call income strategies within crypto.
Key market drivers to watch include Bitcoin’s realized volatility (currently near 70 % annualized), the regulatory outlook for crypto-ETFs in the United States, and the broader macro environment-particularly inflation trends that affect risk-on capital flows into digital assets.
For a deeper quantitative dive into YBTC’s risk-adjusted returns and scenario analysis, consider exploring the data tools available on ValueRay.
What is the price of YBTC shares?
Over the past week, the price has changed by -9.93%, over one month by -22.16%, over three months by -30.55% and over the past year by -25.83%.
Is YBTC a buy, sell or hold?
What are the forecasts/targets for the YBTC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 39.7 | 78.9% |
YBTC Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 199.7m USD (199.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 199.7m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 199.7m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.13% (E(199.7m)/V(199.7m) * Re(9.13%) + (debt-free company))
Discount Rate = 9.13% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)