Ether Options Play Sees New Year Chill as Investors Pull Cash from Roundhill Covered Call ETF
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The Roundhill Ether Covered Call Strategy ETF, YETH, opened 2026 with net outflows of $1.41 million on January 2, a notable pullback that trimmed about 1.21% from its latest reported assets under management of $116.27 million. The move suggests some investors are rethinking yield-focused Ether strategies after a volatile quarter for the underlying token.
The related asset, ETH-USD, is currently trading around $3,103.82, having shed roughly 29.45% over the past three months. Despite that sizable drawdown, the short-term trading backdrop appears more cautious than outright bearish, with the 1-day technical signal sitting at Hold.
The combination of declining Ether prices and income-oriented covered call strategies like YETH can create a dilemma for investors: option premiums help cushion downside, but sharp corrections also cap upside just when more aggressive traders might be positioning for a rebound. The latest outflow may reflect a shift toward more directional exposure to Ether itself, or simply profit-taking and risk reduction after a choppy Q4 in digital asset markets.
Still, with outflows amounting to just over 1% of AUM, the move looks more like a tactical repositioning than a wholesale exit from the strategy. Market participants will be watching whether continued weakness in Ether prices drags further on demand for structured products such as YETH, or whether income-seeking investors step back in if volatility and option premiums remain elevated.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.