YieldMax Bitcoin Option Income Strategy ETF

YBIT is a synthetic covered call strategy based on futures contracts against Bitcoin. The strategy aims to provide income in which gains are capped and losses are not. The actively managed fund uses both standardized exchange-traded and FLEX options.

On Tuesday, YieldMax bolstered its ETF library with the launch of the YieldMax Bitcoin Option Income Strategy ETF (YBIT). YBIT utilizes an investment strategy with multiple objectives in mind.

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