Roundhill Photonics & Optics ETF 

LYTE Price

What is the Roundhill Photonics & Optics ETF (LYTE)?

LYTE is an actively managed, SEC-registered exchange-traded fund providing concentrated exposure to global photonics and optics companies that supply AI data-center infrastructure. The fund holds firms deriving at least 50% of revenue from optical transceivers, silicon photonics, fiber-optic infrastructure, and photonic AI acceleration. LYTE began trading on Cboe BZX on 2026-08-06.

Which companies does the LYTE ETF target?

LYTE targets photonics and optics specialists — companies earning at least 50% of revenue from optical transceivers, silicon photonics, laser sources, fiber-optic infrastructure, and photonic AI accelerators. The portfolio is concentrated rather than spread across the broader semiconductor sector. The fund rebalances quarterly to maintain its thematic focus on AI-infrastructure photonics.

Is LYTE a coin or a token?

LYTE is neither a coin nor a token. LYTE is an ETF share class issued by Roundhill ETF Trust under the SEC's 1940 Act framework — not an on-chain asset. The fund has no fixed maximum supply and no smart-contract address; Authorized Participants create and redeem shares continuously in the primary market. DropsTab classifies LYTE under TradFi.

What is LYTE's expense ratio?

LYTE charges a gross expense ratio of 0.65% per year, per the Roundhill fund page. The fee covers active management, total return swaps used for RIC diversification compliance, and operational costs. The fund intends to qualify as a Regulated Investment Company for tax purposes. Distributions are paid annually.

Who issues and manages the LYTE ETF?

Roundhill ETF Trust is the issuer. Roundhill Financial Inc., an SEC-registered investment advisor doing business as Roundhill Investments, is the advisor. Foreside Fund Services, LLC acts as distributor. CUSIP 77926X296 / ISIN US77926X2962 identifies the fund. LYTE sits in Roundhill's thematic AI-infrastructure lineup alongside DRAM and MAGS.

How can crypto traders gain exposure to LYTE?

Crypto traders can access LYTE price exposure through a perpetual futures contract, not through spot token ownership. Per DropsTab data, the only crypto-venue derivative tracked is a Hyperliquid (Futures) XYZ:LYTE-USD perpetual. The perpetual is synthetic — it references the ETF's price with no custody of underlying shares.

What is the difference between the LYTE ETF and the Hyperliquid LYTE perpetual?

The LYTE ETF is an SEC-registered share traded on Cboe BZX through a traditional brokerage — conferring actual fund ownership and annual distributions. The Hyperliquid XYZ:LYTE-USD perpetual is a synthetic derivative with no custody, no wrapper issuer, and no share backing. The perpetual suits directional hedging or speculation, not long-term ETF ownership.

Is the Hyperliquid LYTE perpetual risky to trade?

Liquidity risk on the Hyperliquid LYTE perpetual is elevated. The underlying ETF is young and small at launch, and the only crypto-venue exposure is a single perpetual on one venue. Perp pricing may be thin and gap-prone relative to NAV. Investors seeking actual ETF exposure must transact in LYTE shares on Cboe BZX through a traditional brokerage.