YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT) Trading Down 2.8% – What’s Next?

Posted by Linda Flegge on Feb 22nd, 2025

YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT – Get Free Report) shares were down 2.8% during trading on Thursday . The stock traded as low as $11.62 and last traded at $11.81. Approximately 369,348 shares were traded during mid-day trading, an increase of 5% from the average daily volume of 352,276 shares. The stock had previously closed at $12.15.

YieldMax Bitcoin Option Income ETF Price Performance

The firm has a 50-day moving average of $12.71 and a 200 day moving average of $13.33.

Hedge Funds Weigh In On YieldMax Bitcoin Option Income ETF

An institutional investor recently bought a new position in YieldMax Bitcoin Option Income ETF stock. OLD Mission Capital LLC purchased a new stake in shares of YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 16,447 shares of the company’s stock, valued at approximately $203,000. OLD Mission Capital LLC owned 4.11% of YieldMax Bitcoin Option Income ETF as of its most recent filing with the Securities and Exchange Commission.

YieldMax Bitcoin Option Income ETF Company Profile

(Get Free Report)

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.