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FIAT

3.11000 USD
0.02
0.65%
Last update Jul 11, 3:59 PM EDT
Market closed
Day range
3.049000
3.16500
Previous close
3.090000
Open
3.070000
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YieldMax Short COIN Option Income Strategy ET...
3.11
0.02
0.65%

Overview

Description

The Yieldmax Short Coin Opportunities Income Strategies Fund is a specialized mutual fund that targets investment opportunities within the cryptocurrency market through short-selling methodologies. Its primary purpose is to provide investors with exposure to inverse movements in digital currency valuations, potentially capitalizing on declines in the market prices of cryptocurrencies. Unlike traditional cryptocurrency investments that rely on appreciation of asset values, this fund seeks to profit through strategic short positions. Notably, the fund operates within the rapidly evolving digital asset sector, focusing on understanding and mitigating the volatile nature of cryptocurrencies which can include assets like Bitcoin and Ethereum. The Yieldmax Short Coin Opportunities Income Strategies Fund serves an important role in diversifying traditional portfolios by offering an alternative strategy to benefit from downtrends in crypto markets. It is designed for institutional investors and qualified retail participants who aim to hedge against risks associated with direct crypto investment, thus contributing to portfolio diversification and capitalizing on market corrections.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 5 hours 56 minutes

22:03
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).