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.