TechFlow news, according to Cointelegraph, investment firm YieldMax has filed documents with the U.S. Securities and Exchange Commission (SEC) to launch the first income-generating ETF based on MicroStrategy shares.
The ETF, named Option Income Strategy ETF (ticker MSTY), will employ a "synthetic covered call" strategy, generating returns by trading derivatives linked to MicroStrategy and distributing them as monthly payouts to shareholders.
Subject to regulatory approval, the ETF is set for launch in 2024.




