YieldMax™ Launches Short COIN Option Income Strategy ETF (FIAT)
- Launch of FIAT ETF: YieldMax™ introduced the FIAT ETF, an actively managed fund that generates income from a synthetic covered put strategy on Coinbase Global, Inc., providing indirect short exposure to COIN.
- FIAT Portfolio Construction: The ETF's strategy includes synthetic short exposure to COIN, covered put writing, U.S. Treasuries for collateral, and out-of-the-money call options to cap potential losses.
- Investment Rationale for FIAT: FIAT aims to generate current income not tied to COIN's price depreciation, benefits from COIN share price decreases, has limited gains from such decreases, and does not involve leveraged short exposure.
- YieldMax™ ETF Family: FIAT is part of the YieldMax™ ETF family focused on delivering current income to investors, with various ETFs targeting different reference assets.
- Risk Disclosures: Detailed risk disclosures are provided for all YieldMax™ ETFs, highlighting specific risks related to investment strategies, counterparty risks, derivatives, distribution, liquidity, and more.
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YieldMax® ETF Distributions: YieldMax® has announced weekly distributions for various ETFs, including the Semiconductor Portfolio, AI & Tech Portfolio, and Crypto Industry & Tech Portfolio, with distribution rates ranging from 17.59% to 85.60%.
Investment Risks: The ETFs carry various risks, including market volatility, counterparty risk, and the potential for significant losses, particularly due to their investment strategies involving options contracts and derivatives.
Performance Variability: Distributions are not guaranteed and may vary significantly, with past performance not indicative of future results; investors should be aware of the potential for zero distributions.
Expense Ratios: Most YieldMax® ETFs have a gross expense ratio of 0.99%, with some funds having higher ratios due to management fees and acquired fund expenses.

YieldMax ETF Distributions: YieldMax has announced weekly distributions for various ETFs, including the Semiconductor Portfolio and AI & Tech Portfolio, with specific amounts and rates detailed in a table.
Distribution Rates and Risks: The distribution rates vary significantly among the ETFs, and future distributions are not guaranteed, highlighting potential risks such as market volatility and investment losses.
Investment Strategies: The ETFs employ strategies involving options contracts, which can limit potential gains while exposing investors to significant losses if the underlying assets decrease in value.
Expense Ratios and Management Fees: Most YieldMax ETFs have a gross expense ratio of 0.99%, with some funds having higher management fees, indicating varying costs associated with investing in these funds.

YieldMax™ ETF Distributions: YieldMax™ has announced weekly and monthly distributions for various ETFs, including the Semiconductor Portfolio, AI & Tech Portfolio, and others, with specific distribution rates and payment dates listed.
Investment Risks: The article outlines significant risks associated with investing in YieldMax™ ETFs, including market volatility, counterparty risk, and the potential for variable distributions, emphasizing that past performance does not guarantee future results.

YieldMax™ ETF Distributions: YieldMax™ has announced weekly and monthly distributions for various ETFs, including the YieldMax™ AI & Tech Portfolio and YieldMax™ Crypto Industry ETFs, with specific distribution rates and payment dates listed.
Investment Risks: The article outlines significant risks associated with investing in YieldMax™ ETFs, including market volatility, distribution variability, and specific risks related to options contracts and underlying assets.

YieldMax™ ETFs Monthly Distributions: YieldMax™ has announced monthly distributions for various ETFs, including TSLY, OARK, and APLY, with distribution rates ranging from 24.06% to 95.14%, effective August 7, 2024.
Investment Risks: The announcement includes warnings about the risks associated with investing in these ETFs, such as potential principal loss, counterparty risk, and the variability of distributions, emphasizing that past performance does not guarantee future results.
- Launch of FIAT ETF: YieldMax™ introduced the FIAT ETF, an actively managed fund that generates income from a synthetic covered put strategy on Coinbase Global, Inc., providing indirect short exposure to COIN.
- FIAT Portfolio Construction: The ETF's strategy includes synthetic short exposure to COIN, covered put writing, U.S. Treasuries for collateral, and out-of-the-money call options to cap potential losses.
- Investment Rationale for FIAT: FIAT aims to generate current income not tied to COIN's price depreciation, benefits from COIN share price decreases, has limited gains from such decreases, and does not involve leveraged short exposure.
- YieldMax™ ETF Family: FIAT is part of the YieldMax™ ETF family focused on delivering current income to investors, with various ETFs targeting different reference assets.
- Risk Disclosures: Detailed risk disclosures are provided for all YieldMax™ ETFs, highlighting specific risks related to investment strategies, counterparty risks, derivatives, distribution, liquidity, and more.






