Key stats
About Tidal Trust II YieldMax Bitcoin Option Income Strategy ETF
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Inception date
Apr 22, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
YBIT aims to generate monthly income while providing exposure to the performance of US-listed ETF(s) with direct or synthetic exposure to Bitcoin. The fund utilizes a synthetic covered call strategy via standardized exchange-traded and FLEX options, which consists of three elements: i) synthetic long exposure, ii) covered call writing, and iii) US Treasurys for collateral. The synthetic long exposure seeks to replicate the price movements of the underlying Bitcoin ETFs by purchasing and selling at-the-money calls and puts with one- to six-month terms. To generate income, the fund writes call options with an expiration of one month or less and a strike price approximately 0%-15% above the underlying ETF's current share price. This limits participation in potential gains if the ETF shares increase in value above the cap. Note: the fund does not invest directly in Bitcoin ETFs. Thus, investors are not entitled to any ETF distributions.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Government
Bonds, Cash & Other100.00%
Rights & Warrants50.43%
Government47.21%
Cash1.20%
Mutual fund1.16%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
YBIT last dividends amounted to 0.33 USD. The month before, the issuer paid 0.87 USD in dividends, which shows a 162.43% decrease.
YBIT assets under management is 149.60 M USD. It's risen 16.66% over the last month.
YBIT fund flows account for 176.77 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, YBIT pays dividends to its holders with the dividend yield of 78.30%. The last dividend (Jun 13, 2025) amounted to 0.33 USD. The dividends are paid monthly.
YBIT shares are issued by Toroso Investments Topco LLC under the brand YieldMax. The ETF was launched on Apr 22, 2024, and its management style is Active.
YBIT expense ratio is 4.76% meaning you'd have to pay 4.76% of your investment to help manage the fund.
YBIT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
YBIT invests in bonds.
YBIT price has fallen by −2.39% over the last month, and its yearly performance shows a −43.39% decrease. See more dynamics on YBIT price chart.
NAV returns, another gauge of an ETF dynamics, showed a 26.94% increase in three-month performance and has increased by 16.09% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 26.94% increase in three-month performance and has increased by 16.09% in a year.
YBIT trades at a premium (0.39%) meaning the ETF is trading at a higher price than the calculated NAV.