CWY GraniteShares YieldBOOST CRWV ETF

About this ETF

GraniteShares YieldBOOST CRWV ETF is an exchange-traded fund designed to generate income through sophisticated options strategies. It primarily sells put options on leveraged ETFs that aim to deliver 2 times the daily performance of CoreWeave, Inc., the underlying stock. The fund's primary objective is to achieve 2 times the income from selling options on CoreWeave, Inc. by leveraging options on these 2x daily leveraged ETFs, while its secondary objective provides exposure to the performance of the underlying leveraged ETF, subject to a cap on potential gains. Employing a put spread strategy, it sells near-the-money put options on the leveraged ETFs and buys further out-of-the-money puts to limit downside risk, offering built-in risk control without being leveraged itself. This approach benefits from higher option premiums associated with leveraged products. The fund distributes income weekly, potentially comprising option premiums, dividends, capital gains, and interest payments, with occasional downside protection that may impact net income levels. Launched in 2026, GraniteShares YieldBOOST CRWV ETF targets investors seeking enhanced yields from single-stock volatility in the technology sector, particularly cloud infrastructure providers like CoreWeave.