Asset Management Giant GraniteShares Launches Two ETFs Involving Bitcoin and Nvidia

Asset management giant GraniteShares announced the launch of two exchange-traded funds involving Bitcoin and Nvidia to complement its existing YieldBOOST products, namely: GraniteShares YieldBOOST NVDA ETF (NVYY) and GraniteShares YieldBOOST Bitcoin ETF (XBTY). The Bitcoin ETF aims to generate income through an options strategy linked to a 2x long Bitcoin daily ETF. At the end of last year, the company also filed for leveraged ETF applications for crypto-related companies like MicroStrategy.