GraniteShares YieldBOOST QBTS ETF (QBY) is an actively managed exchange-traded fund that seeks to generate weekly income through options strategies, primarily by selling put options on leveraged exchange-traded funds designed to deliver 2x (200%) the daily performance of D-Wave Quantum Inc. (NASDAQ: QBTS), the underlying stock; its primary objective is to achieve 2x the income generated from such options sales, with a secondary objective of providing exposure to the performance of the underlying leveraged ETF subject to a cap on potential gains and possible downside protection measures. The fund holds positions including United States Treasury Bills, cash equivalents, and various put options on the leveraged QBTS ETF, such as those expiring December 1, 2025, with a net expense ratio of 1.07% and weekly distributions targeting high-yield income for investors focused on derivative income strategies in the quantum computing sector. Launched on November 24, 2025, and listed on NASDAQ, QBY forms part of GraniteShares' YieldBOOST platform, which applies systematic options overlays to leveraged ETFs tied to disruptive technologies. GraniteShares, the fund issuer founded in 2016 and headquartered in New York, manages a diverse lineup of U.S. and European exchange-traded products including leveraged single-stock ETFs, commodity funds, high-income strategies, and concentrated equity baskets on technology leaders, with assets under management reaching $13.2 billion as of October 30, 2025. Recent developments include the November 24, 2025 launch of QBY alongside the companion YieldBOOST RGTI ETF (RGYY) targeting Rigetti Computing, expanding the YieldBOOST suite to quantum computing leaders and growing its assets to over $635 million as of November 24, 2025; this follows GraniteShares' crossing of $11 billion in total AUM in October 2025 driven by demand for single-stock leveraged and income products. The firm operates globally across the U.S., U.K., Europe, and Asia, serving high-conviction investors through innovative ETPs listed on major exchanges.