The first mononuclear divalent ytterbium hydride complex [(Tp^Ad,iPr)Yb(H)(THF)] (Tp^Ad,iPr = hydrotris(3-adamantyl-5-isopropyl-pyrazolyl)borate) (2) bearing a terminal hydrido ligand was obtained by hydrogenolysis of the benzyl precursor in hexane. Complex 2 exhibited two different reaction patterns towards allenes: Yb–H addition with cyclohexylallene and deprotonation of 1,1-dimethylallene.