YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT – Get Free Report) shares dropped 0.2% during trading on Friday . The stock traded as low as $10.06 and last traded at $10.14. Approximately 546,033 shares traded hands during mid-day trading, an increase of 96% from the average daily volume of 278,481 shares. The stock had previously closed at $10.16.
YieldMax Bitcoin Option Income ETF Price Performance
The company has a 50-day moving average price of $10.62 and a 200 day moving average price of $11.38.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in YieldMax Bitcoin Option Income ETF stock. OLD Mission Capital LLC bought a new position in shares of YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 16,447 shares of the company’s stock, valued at approximately $203,000. OLD Mission Capital LLC owned about 4.11% of YieldMax Bitcoin Option Income ETF at the end of the most recent reporting period.
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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