GraniteShares YieldBOOST CRWV ETF (CWY)

The GraniteShares YieldBOOST CRWV ETF is an income-oriented fund from GraniteShares that seeks to generate current income tied to CoreWeave (CRWV) through an options strategy, rather than by owning the stock outright.

The fund's YieldBOOST approach centers on selling put options, primarily on leveraged exchange-traded funds that track CRWV, while holding Treasury bills and cash as collateral. Option premiums collected are intended to fund frequent distributions. The strategy's upside is limited to the premiums received, while significant declines in the underlying can lead to losses.

CoreWeave, which went public in 2025, operates a specialized cloud platform that rents large-scale GPU computing capacity to companies training and running artificial intelligence models.