YieldMax launched an ETF income strategy based on Bitcoin mining company MARA at the New York Stock Exchange
On December 11, ETF issuer YieldMax announced the launch of the YieldMax™ MARA Option Income Strategy ETF (NYSE stock code: MARO) on the New York Stock Exchange. This ETF is based on Bitcoin mining company MARA's option income strategy and seeks to generate income by implementing an option-based strategy on MARA, but does not directly invest in MARA. Its first distribution is expected to be announced on January 2, 2025. Prior to this, YieldMax had launched a Bitcoin options income strategy ETF YBIT and a short-selling Coinbase stock options 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
Glaukos Chief Development Officer Tomas Navratil sells 1,457 common shares worth $242,953.44
IT Tech Packaging auditor HCL resigns, company seeks replacement
As US Treasury yields rise, the cost of borrowing short-term Treasuries surges, with traders aggressively building short positions
The US Treasury will conduct auctions of two-year, five-year, and seven-year Treasury bonds next week. Currently, traders are racing to borrow bonds to short them, driving the borrowing costs for short-term Treasuries sharply higher. On Friday, the overnight repo rate for borrowing the current two-year Treasury was about 0.79%, while the rate for the five-year even dropped to as low as -0.85%. In contrast, the repo rate for regular Treasuries was around 3.88%.
Concentrix EVP Cormac Twomey to step down effective Dec. 31, 2026
Crypto prices
More
