YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) is an actively managed exchange-traded fund that seeks current income and, secondarily, capital appreciation through direct investments in a portfolio of 15-30 U.S.-listed crypto industry and technology companies, complemented by writing (selling) options contracts on some or all of those holdings; it does not invest directly in digital assets, derivatives tracking digital assets, or spot prices of cryptocurrencies. The fund generates income primarily from option premiums and aims to distribute such income on a weekly basis, with top holdings including companies like MicroStrategy and Coinbase that together comprise significant portions of the portfolio; it focuses on issuers with sufficient stock and options liquidity, appropriate price levels, and implied volatility as evaluated by the adviser. LFGY operates within the financial services industry, targeting income-oriented investors seeking exposure to the volatile crypto and technology sectors without direct cryptocurrency ownership, and trades on NYSE Arca with a gross expense ratio of 0.99%.
Launched on January 13, 2025, as YieldMax ETFs' first portfolio-style option income ETF, LFGY represents a major strategic expansion for the YieldMax brand under Tidal Trust II, with advisory services provided through partners like Tidal Investments LLC and distribution by Foreside Fund Services, LLC. The fund has continued regular weekly distributions throughout 2025, including announcements on December 3 and December 17 for Group 2 ETFs encompassing LFGY, underscoring its consistent income focus amid YieldMax's broader product launches such as the Performance & Distribution Target 25™ ETF family in November 2025 and European expansions via partnerships like HANetf. Headquartered in Milwaukee, Wisconsin, through Tidal Trust II at 234 West Florida Street, Suite 203, YieldMax ETFs maintains U.S.-centric operations with custody and administration by U.S. Bank entities, serving investors globally through transparent, options-based strategies.