YieldMax applies to the U.S. SEC to launch the first income-based ETF product based on MicroStrategy stocks
On December 8th, according to CoinDesk, a professional ETF company, YieldMax, has submitted documents to the U.S. Securities and Exchange Commission (SEC) to apply for the first income-based ETF product based on MicroStrategy stock, which is expected to be launched in 2024.
If approved by the SEC, the ETF will be traded on the stock market under the code "MSTY", which differs from MicroStrategy's existing code "MSTR" by only one letter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CFTC submits emergency motion to block Kalshi's election betting contracts
Grayscale’s Crypto Holdings Plummet Below $20B: What’s Driving the Exodus?
Ripple Eyes Japan for RLUSD Launch Amid US Regulatory Challenges
Why These 5 Cryptocurrencies Could See Incredible Growth This Month.
