YieldMax Introduces FIAT ETF To Hedge Against Coinbase

YieldMax launches FIAT ETF on NYSE Arca, offering inverse exposure to Coinbase via a synthetic covered put strategy for income generation. FIAT ETF by YieldMax targets inverse exposure to Coinbase’s stock, utilizing synthetic covered put strategies. Coinbase’s stock resilience: up 173% last year, 45% YTD, despite Bitcoin’s correction. YieldMax expands with Ether Option ETF, leveraging

Source: Bitcoin World