Which Roundhill Crypto Covered Call ETF Pays the Higher Thursday Yield, YBTC or YETH?

Tony Dong

Wed, June 10, 2026 astatine 12:20 PM CDT 5 min read

Quick Read

• YETH presently pays substantially much than YBTC: Higher Ethereum volatility has translated into a 61.94% annualized organisation complaint versus 35.11% for Bitcoin arsenic of June 8, 2026.

• Weekly distributions are not escaped money: The fund's nett plus worth drops by the magnitude of the payout connected the ex-distribution date, meaning currency is simply being transferred from the ETF to shareholders.

• The yields travel with meaningful tradeoffs: Both funds headdress upside done covered calls, clasp astir downside exposure, complaint 0.96% disbursal ratios, and stay acold much volatile than accepted income investments.

• Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and YBTC didn't marque the cut. Grab the names FREE today.

One communal disapproval of cryptocurrency ownership is that the assets themselves bash not make income.  If you ain a rental property, you tin cod rent. If you ain stocks, galore wage dividends. If you ain bonds, you person coupon payments. Bitcoin and Ethereum bash not truly bash thing connected their own. They beryllium determination and fluctuate successful value.

However, derivatives person created a mode for investors to make income from crypto exposure. In particular, options connected the newer spot Bitcoin and Ethereum ETFs let investors to merchantability upside imaginable and harvest volatility successful speech for enactment premium.

As with galore things successful finance, you bash not person to instrumentality this strategy yourself. Several ETF issuers present bundle these strategies into exchange-traded funds, and Roundhill presently offers weekly-paying covered telephone ETFs built astir some Bitcoin and Ethereum exposure.

Fair warning, though. These are analyzable products with aggregate layers of derivative exposure. Before investing, it is important to recognize precisely wherever the distributions travel from and what tradeoffs investors are making to person them.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and YBTC didn't marque the cut. Grab the names FREE today.

How Do These ETFs Work?

Today we're looking astatine the Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and the Roundhill Ether Covered Call Strategy ETF (YETH).

Neither ETF straight owns Bitcoin oregon Ethereum. Instead, some chiefly summation vulnerability done options tied to assorted iShares spot cryptocurrency ETFs. The operation is known arsenic a "synthetic covered call" strategy.

The process starts by establishing a synthetic agelong position. This is accomplished done a operation of agelong at-the-money telephone options and abbreviated at-the-money enactment options connected the underlying spot crypto ETF. Together, these positions make an vulnerability illustration that intimately resembles owning the underlying shares without really purchasing them outright.