YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY)

The YieldMax Crypto Industry & Tech Portfolio Option Income ETF is an actively managed fund from YieldMax, an issuer known for high-distribution option income ETFs, with Tidal Financial Group serving as adviser to its funds.

The fund focuses on companies tied to the cryptocurrency industry and related technology, such as crypto exchanges, bitcoin miners, and firms holding or servicing digital assets. It pairs exposure to these stocks with an options strategy, chiefly selling call options, to generate income that is paid out as frequent distributions, which can cap upside participation in strong rallies. It trades on NYSE Arca.