YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT – Get Free Report) shares were up 3.2% on Monday . The stock traded as high as $20.11 and last traded at $19.92. Approximately 26,125 shares traded hands during trading, a decline of 37% from the average daily volume of 41,413 shares. The stock had previously closed at $19.30.
YieldMax Bitcoin Option Income ETF Trading Down 1.3%
The company’s 50-day moving average is $23.10 and its two-hundred day moving average is $27.20.
About YieldMax Bitcoin Option Income ETF
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.
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