YieldMax launches an options income strategy ETF based on Bitcoin mining company MARA on the NYSE

ChainCatcher news, ETF issuer YieldMax announced the launch of the YieldMax™ MARA Option Income Strategy ETF (NYSE ticker: MARO) on the New York Stock Exchange, which is based on the Bitcoin mining company MARA. This ETF seeks to generate income through the implementation of option-based strategies on MARA, without directly investing in MARA.

Its first distribution is expected to be announced on January 2, 2025. YieldMax has previously launched the Bitcoin Option Income Strategy ETF YBIT and the short Coinbase stock option strategy ETF.