YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT) Declares $0.07 Dividend

YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT) declared a dividend on Tuesday, December 31st. Shareholders of record on Friday, November 28th will be paid a dividend of 0.0695 per share on Monday, December 1st. This represents a yield of 5,019.0%. The ex-dividend date is Friday, November 28th.

YieldMax Bitcoin Option Income ETF Stock Up 2.1%

Shares of NYSEARCA:YBIT traded up $0.15 during trading on Wednesday, hitting $7.20. 211,769 shares of the company were exchanged, compared to its average volume of 341,570. YieldMax Bitcoin Option Income ETF has a 12-month low of $6.66 and a 12-month high of $15.20. The firm’s 50 day moving average price is $8.94 and its 200-day moving average price is $9.96.

YieldMax Bitcoin Option Income ETF shares are going to reverse split on the morning of Monday, December 1st. The 1-5 reverse split was announced on Monday, November 17th. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, November 30th.

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.