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Posted by
Two Blokes Jul 5 -
Filed in
Stock
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Tidal's YieldMax Bitcoin Option Income Strategy ETF (YBIT 0.09%) offers investors a unique way to generate income from Bitcoin's (BTC -0.31%) volatility. It does that by constantly writing covered calls on its own "synthetic long" positions in Bitcoin, and it currently pays an annual distribution rate -- or the yield an investor would receive if its most recent distribution (including option income) stays the same for the full year -- of 41.5%.
