A head-to-head comparison of iShares Bitcoin Trust ETF and Roundhill Bitcoin Covered Call Strategy ETF covering yield, cost, risk, and income potential.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
BlackRock is one of the world's largest asset managers and a major provider of ETFs across multiple investment strategies. The company's dividend-focused lineup emphasizes income-generating investments, with funds designed to deliver regular distributions to investors seeking yield. Their portfolio includes eight notable ETFs such as BALI (emerging markets income), DIVB (dividend equity), and DGRO (dividend growth), alongside complementary funds that span income, growth, and fixed-income strategies.
See our curated list of related YouTube videos on IBIT.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Roundhill Investments is known for creating thematic and income-focused ETFs that often incorporate covered call strategies and weekly distribution mechanisms. The firm operates 38 funds across four main families—Core, Income, Thematic, and WeeklyPay—with popular tickers like MAGC, MAGS, and MAGY in their income lineup, plus numerous weekly call writing products (AAPW, AMDW, MSFW, and others) tied to major technology and commodity names. The issuer specializes in niche strategies designed to generate frequent income distributions while providing targeted sector or individual stock exposure.
See our curated list of related YouTube videos on YBTC.
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
IBIT (iShares Bitcoin Trust ETF) and YBTC (Roundhill Bitcoin Covered Call Strategy ETF) are both dividend ETFs, but they take different approaches.
YBTC currently shows a 33.43% distribution yield. IBIT has not yet established a full distribution history, so a comparable yield figure is not available.
IBIT is cheaper with an expense ratio of 0.25% compared to 0.95%.
IBIT is the larger fund by assets ($61.9B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, IBIT has no reported distribution yield yet, so a monthly income estimate is not available, while YBTC would produce $278.58/month, at current distribution rates.
IBIT yield0.00%
YBTC yield33.43%
Cost & efficiency
Over 10 years on $10,000, IBIT would cost approximately $250 in fees vs $950 for YBTC (simplified, not compounded). The $700.00 difference may be offset by yield or performance.
IBIT ER0.25%
YBTC ER0.95%
Strategy & risk
IBIT tracks Bitcoin with a crypto approach, while YBTC tracks Bitcoin using a covered call strategy.
Fund details
IBIT is managed by BlackRock (launched 01/11/2024) with $61.9B in assets. YBTC is managed by Roundhill Investments (launched 06/27/2024) with $158M in assets.
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Frequently asked questions
Which of IBIT or YBTC pays more dividend income?
YBTC currently reports a distribution yield, while IBIT has not yet established a full distribution history. A direct income comparison is not yet meaningful — check back once both funds have published several consecutive distributions.
What is the difference between IBIT and YBTC?
IBIT (iShares Bitcoin Trust ETF) tracks Bitcoin with a crypto strategy, while YBTC (Roundhill Bitcoin Covered Call Strategy ETF) tracks Bitcoin with a covered call approach. They are issued by BlackRock and Roundhill Investments respectively.
Can I hold both IBIT and YBTC?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, IBIT or YBTC?
IBIT has an expense ratio of 0.25% while YBTC charges 0.95%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in IBIT vs YBTC generate?
At current rates, IBIT has not established a distribution history yet, so a monthly income estimate is not available. The same in YBTC would produce about $278.58 per month ($3,343.00 annually).
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