In the 2020s, passive income harvesters who happen to be bullish about cryptocurrency are raving about a game-changing exchange traded fund (ETF). It's called the YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY), and this fund could easily tempt you with its jaw-dropping yield and frequent cash payouts. Maybe you're prepared to take big risks with the MSTY ETF, or perhaps you'd prefer to take a more conservative approach with this fascinating fund.
While past performance doesn't guarantee future results, it's helpful to look back and see how much the YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) rewarded its investors during the past year. As we'll find out, the cash payouts really added up. The distributions weren't the only factor affecting the bottom line for ULTY's shareholders, however. We can certainly say that the YieldMax Ultra Option Income Strategy ETF's gigantic yield is "real," but there's another side to the story that might dissuade risk-averse investors.
