According to Foresight News, Eric Balchunas, senior ETF analyst at Bloomberg, said that financial company YieldMax launched a short Coinbase stock option strategy ETF (YieldMax Short COIN Option Income Strategy ETF, Ticker: $FIAT). The ETF conducts bearish operations on $COIN by going long on put options and short on call options, while shorting put options to increase income.
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Financial firm YieldMax launches ETF for shorting Coinbase stock options strategy
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