YieldMax Introduces First MicroStrategy-Linked Yield ETF MSTY

MicroStrategy Surge Inspires YieldMax’s ETF Filing

YieldMax files for the first yield-bearing ETF tied to MicroStrategy, using a synthetic covered call strategy. If SEC approved, it will trade as “MSTY” and offer monthly payouts based on MSTR derivatives.

The ETF aims to attract conservative investors seeking passive income from MicroStrategy’s market swings without direct ownership. MicroStrategy’s stock has surged over 290% in 2023.

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