YieldMax Bitcoin Option Income ETF Declares Dividend of $0.31 (NYSEARCA:YBIT)

YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT) declared a dividend on Wednesday, January 7th. Shareholders of record on Thursday, January 8th will be given a dividend of 0.3054 per share on Friday, January 9th. This represents a yield of 4,622.0%. The ex-dividend date is Thursday, January 8th.

YieldMax Bitcoin Option Income ETF Stock Down 1.4%

Shares of NYSEARCA:YBIT traded down $0.48 during trading on Wednesday, reaching $34.36. The stock had a trading volume of 21,474 shares, compared to its average volume of 29,418. The firm’s 50-day simple moving average is $36.51 and its 200 day simple moving average is $45.77. YieldMax Bitcoin Option Income ETF has a one year low of $33.02 and a one year high of $68.65.

YieldMax Bitcoin Option Income ETF Company Profile

The YieldMax Bitcoin Option Income Strategy ETF (YBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a synthetic covered call strategy based on futures contracts against Bitcoin. The strategy aims to provide income in which gains are capped and losses are not YBIT was launched on Apr 22, 2024 and is issued by YieldMax.