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Bitcoin ETF YBTC Sees Significant Outflow Amidst Market Volatility

Bitcoin ETF YBTC Sees Significant Outflow Amidst Market Volatility

Roundhill Bitcoin Covered Call Strategy ETF, trading under the ticker YBTC, has experienced a notable outflow of $1,569,670. This latest movement represents approximately 0.64% of its current assets under management (AUM), which stand at $243,535,776.

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Over the past year, YBTC has seen a net outflow of 3.86%, indicating a challenging period for the ETF as it navigates the volatile waters of the cryptocurrency market.

The related asset, BTC-USD, is currently trading at $92,859.28. Over the past five days, Bitcoin has appreciated by 1.88%, reflecting a modest upward trend. However, the 1-day technical signal for Bitcoin remains Hold, suggesting a cautious stance among traders.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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