Bitcoin Options Income Fund Sees Nearly One-Fifth of Assets Walk Out the Door
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YieldMax Bitcoin Option Income Strategy ETF, YBIT, recorded sizable outflows of $8.08 million on March 3, 2026, as investors pulled capital from the options-based Bitcoin income strategy. With assets under management now at roughly $42.13 million, the latest redemption wave erased about 19.2% of the fund’s capital base in a single session, signaling a sharp shift in sentiment.
The move comes against a backdrop of renewed volatility in the underlying crypto asset, BTC-USD, which is trading around $70,013.87 after sliding 23.1% over the past three months. Despite that drawdown, short-term momentum has flipped constructive, with a 1-day technical reading flashing Buy, creating a tension between cautious fund flows and improving spot-price signals.
For income-focused investors, the substantial outflow from YBIT underscores how quickly demand for option-premium strategies can reverse when underlying volatility or drawdowns stretch risk tolerance. Yet, with Bitcoin stabilizing near the $70,000 mark and technicals turning supportive, some market participants may see the current reset in AUM as a potential entry point rather than an exit signal.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.