Roundhill Investments, a prominent name in the ETF market, recently announced the distribution details for two of its key funds. The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and the Roundhill Ether Covered Call Strategy ETF (YETH) have set their distribution schedules for October 31, 2024. The YBTC distribution rate stands at an impressive 24.10%, translating to $0.884450 per share, with a 30-day SEC yield of 3.75%. Meanwhile, specifics for the YETH distribution rate and SEC yield are currently unavailable. Both funds share a gross expense ratio of 0.95%. The distributions will occur on the ex-date of October 30, 2024, with the pay date set for October 31, 2024.

Investors in these ETFs should be aware that past performance does not ensure future outcomes, as market conditions constantly fluctuate. This means the value of investments can vary, potentially resulting in gains or losses. The funds aim to provide monthly distributions, although they cannot guarantee this frequency, as distributions can exceed the taxable year's income and gains. If distributions surpass current earnings, they might be considered a return of capital. It's crucial for investors to note that exceedingly favorable market conditions leading to higher distribution rates might not persist, and similar performance should not be expected in future periods.

For more detailed tax information related to distributions, investors are encouraged to review the Supplemental Tax Information section available on the company's website. The distribution rate presented represents an annual approximation based on the most recent fund distribution, and should not be mistaken for the total return of the fund. This calculation involves annualizing the latest distribution divided by the fund's NAV at that time. Meanwhile, the 30-Day SEC Yield offers an estimation of interest and dividend performance net of expenses during the given period, providing a 'standardized yield' reference.

Founded in 2018, Roundhill Investments positions itself as a forward-thinking investment advisor registered with the SEC, specializing in cutting-edge exchange-traded funds. With a diverse portfolio offering exposure to thematic equity, options income, and various trading vehicles, the firm continues to innovate in the ETF space. The Roundhill team boasts significant expertise, having introduced over 100 ETFs to the market, some pioneering in their categories. For further insights into Roundhill Investments, visit their website at roundhillinvestments.com.

Investors should only consider this material alongside the prospectus offerings for YBTC and YETH, as investing inherently involves certain risks, including the potential loss of principal. The funds face a multitude of risks, such as options, market, and regulatory risks, among others. A detailed list of potential risks can be found in the fund's prospectus. Part of the strategy of these ETFs includes the covered call strategy, whereby call options are written in exchange for premiums.

This strategy involves certain risks, such as lacking the opportunity to benefit from price increases in the underlying instruments above the option's exercise price while still bearing the risks of price declines. The income generated from these premiums may not offset potential losses, and market volatility can lead to suspension of option trades, further complicating the strategy. Specifically, the YBTC fund holds large positions in Bitcoin Futures ETFs, thereby subjecting it to typical bitcoin market risks.

These include rapid price changes and uncertainties surrounding the burgeoning digital asset industry, which remains speculative with various risks. Additionally, regulatory developments could adversely impact the value of assets under the fund's strategy, significantly influencing its investment objectives. With these aspects in mind, investors are advised to be vigilant and conduct thorough due diligence when engaging with these investment opportunities. For the most precise and current fund performance data, consulting the accompanying prospectuses is highly recommended.