YieldMax Launches Short Coinbase Stock Options Strategy ETF

Odaily News Bloomberg ETF analyst Eric Balchunas posted on the X platform that YieldMax launched the short Coinbase stock option strategy ETF (YieldMax Short COIN Option Income Strategy ETF, Ticker: FIAT). The ETF takes a bearish approach to COIN by going long on put options and short on call options, while shorting put options to increase income.