The financial firm YieldMax has reportedly submitted an application to the Securities and Exchange Commission (SEC) to launch a Bitcoin options income strategy ETF (YBIT) on the New York Stock Exchange. As per the Chinese reporter Colin Wu, YieldMax’s recent move involves a “synthetic covered call strategy ETF based on other spot Bitcoin ETFs.” According The post YieldMax Proposes To Launch Bitcoin Option Income Strategy ETF (YBIT) appeared first on Coin Edition .
