ETF issuer YieldMax has announced the launch of the YieldMax ™ MARA Option Income Strategy ETF (NYSE: MARO) on the NYSE, which seeks to generate revenue by implementing an options-based strategy on MARA, but does not directly invest in MARA. It is reported that its first allocation is expected to be announced on January 2, 2025. YieldMax has previously launched the Bitcoin Options Income Strategy ETF YBIT and the Short Coinbase Stock Options Strategy ETF.
Bloomberg senior ETF analyst Eric Balchunas said that YieldMax launched the short Coinbase stock option strategy ETF (YieldMax Short COIN Option Income Strategy ETF, Ticker: $FIAT), which puts $COIN by going long and short call options, while shorting put options to increase revenue.
YieldMax, a professional exchange-traded fund (ETF) company, has launched the Bitcoin option income strategy ETF YBIT.