YieldMax launches option income strategy ETF based on Bitcoin mining company MARA on NYSE
ETF issuer YieldMax has announced the launch of YieldMax™ MARA Option Income Strategy ETF (NYSE stock code: MARO) on the New York Stock Exchange, which is based on a bitcoin mining company called MARA. The ETF seeks to generate income through option-based strategies on MARA, but does not directly invest in MARA. Its first distribution is expected to be announced on January 2, 2025. YieldMax has previously launched a bitcoin option income strategy ETF called YBIT and a short-selling Coinbase stock option strategy ETF.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Price Could Skyrocket to $500K, Altcoins Set to Follow
Crypto Trader Makes Risky Bet for $8 Million Profit in 20 Minutes
Shiba Inu Faces Uncertainty as Whale Activity Declines and Price Consolidates
BTC breaks through $104,600