YieldMax, a prominent ETF provider managing over $8.9 billion in assets, kicked off its Portfolio Option Income ETF series with the launch of the YieldMax Crypto Industry & Tech Portfolio Option Income ETF (NYSE:LFGY). This actively managed fund is tailored to generate current income as well as capital appreciation.
The ETF can pinch your pockets, with a net expense ratio of 0.99%. However, given its offerings and solid income-generating strategies, the cost seems reasonable.
The ETF primarily invests …
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