YieldMax Bitcoin Option Income Strategy ETF (YBIT) has experienced a notable outflow, with $900,615 leaving the fund. This latest movement represents approximately 1.07% of its current assets under management (AUM), which stand at $83,937,318.
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Over the past year, YBIT has seen a net flow decrease of 6.92%, indicating a trend of investor caution or repositioning in response to market conditions.
The related asset, BTC-USD, is currently trading at $92,859.28. Over the past five days, Bitcoin has appreciated by 1.88%, suggesting a modest upward momentum. However, the 1-day technical signal remains at Hold, reflecting a cautious stance among traders.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.