YieldMax Short COIN Option Income Strategy ETF

FIAT was created on 2024-07-09 by YieldMax. The fund's investment portfolio concentrates primarily on financials equity. FIAT aims to provide current income and inverse exposure to Coinbase stock (COIN), with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral. Both exchange-traded and FLEX options are used to execute the strategy.