YBTC Sees Targeted Outflows as Investors Reassess Covered-Call Strategy
The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) experienced a notable reversal in investor sentiment this week. On September 11, investors pulled $533,610 from the fund, representing about 0.39% of its $136.1 million in assets under management.
This outflow marks a shift for YBTC after a strong summer for crypto-linked strategies. Despite the move, the related asset BTC-USD is currently trading at $78,092.88, up roughly 17.18% over the past three months.
The technical picture for Bitcoin remains constructive, with a 1-day signal flagged as Buy, suggesting investors may be trimming covered-call exposure rather than turning bearish on the underlying token.