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YBTC vs GBTC

Roundhill Bitcoin Covered Call Strategy ETF vs Grayscale Bitcoin Trust ETF

YBTC

Roundhill Bitcoin Covered Call Strategy ETF

Roundhill Investments

Annual cost

0.95%

Fund size

$158M

GBTC

Grayscale Bitcoin Trust ETF

Grayscale

Annual cost

1.50%

Fund size

$11.5B

Key differences

  • YBTC costs 0.55% less per year.
  • GBTC is significantly larger than YBTC — larger funds tend to be more liquid and less likely to close.
  • YBTC is classified as alternative, while GBTC is cryptocurrency — different risk/return profiles.
  • GBTC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

YBTCGBTC
Annual cost (TER)0.95%1.50%
Fund size (AUM)$158M$11.5B
Since20242013
Dividend yield78.98%0.00%
Asset classalternativecryptocurrency
Regionnorth america
Strategyoption income
CAGR 1Y-27.3%-32.2%
CAGR 3YN/A+64.8%
CAGR 5YN/A+14.6%
Sharpe 3YN/A1.15
Volatility 1Y38.70%43.18%
Max drawdown-47.09%-89.91%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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