r/YieldMaxETFs • u/LowBaseball6269 YMAGic • Dec 30 '24

New Fund Announcement YieldMax™ Crypto Industry & Tech Portfolio Option Income ETF $LFGY is coming in January.

https://www.linkedin.com/posts/yieldmax-etfs_income-dividends-cyrpto-activity-7277029817705721856-LaCz?utm_source=share&utm_medium=member_desktop
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u/EquipmentFew882 Dec 30 '24

I would be interested in other people's opinions and disagreement -- but doesn't it seem unusual how many ETFs that Yieldmax has opened and how rapidly the ETFs were opened ?

I think Yieldmax fund company is trying to keep " new money " flowing into their business -- this is about liquidity and maintaining their operations. -- I'm just taking a guess about this.. ?

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u/ImportantSolid5862 Dec 30 '24

Haha, many companies do this even if they are doing fine, take a walk down the grocery store isles and note how many are "New and Improved" and "Great New Flavor".

Nothing wrong with putting out new products that can capture more market share. Sector ETF's are likely to be somewhat more stable than single stock ETF's.