GraniteShares YieldBOOST Ether ETF
XEY
NASDAQ Global Select- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 205 Hudson Street, 7th Floor New York NY United States of America 10013
- IPO Date
- Apr 28, 2026
- Website
- graniteshares.com
- Similar Companies
- Business
- GraniteShares YieldBOOST Ether ETF (XEY) is an exchange-traded fund that seeks to generate weekly income by implementing a yield-boosting options strategy tied to ether and related leveraged ETFs. The fund aims to deliver 200% of the income generated from selling options on ether through a structured put-options framework, while also providing exposure to the performance of the underlying leveraged ETF with an explicit cap on upside gains. Distributions are paid weekly and may comprise option premiums, dividends, capital gains, and returns of capital, with tax treatment varying by year and investor circumstances. The strategy relies on selling near-the-money put options on leveraged ETFs designed to track two times the daily performance of ether, paired with protective far-out-of-the-money puts to cap downside risk, creating a premium-driven income profile rather than direct market exposure to ether itself. The investment approach is not leveraging the fund itself, but benefits from higher option premiums associated with leveraged underlying instruments, and distributions can reflect a return of capital rather than regular net investment income. The fund maintains a governance and operational structure consistent with a defined-contribution and retail-investor focus, including transparent disclosures around option-premium accrual, strike presets, and potential capital gains or ROC components disclosed in periodic 19a-1 notices. GraniteShares positions XEY as part of its YieldBOOST ETF family, which emphasizes income generation through options strategies linked to select benchmark exposures. The fund is managed to offer liquidity through typical ETF channels, with pricing, NAV, and distribution information published regularly on the issuer’s platform and market data services. GraniteShares reports ongoing adjustments to distribution rates and strategic allocations in response to market conditions and regulatory disclosures, as reflected in recent announcements and filings. The issuer operates from its headquarters in New York and maintains a global investor services footprint, supporting U.S. retail and institutional clients with product literature, performance commentary, and regulatory documentation. In addition to XEY, GraniteShares’ YieldBOOST lineup includes other funds that employ similar option-based income techniques on different underlying assets or levered proxies, extending the product suite for income-focused equity and thematic exposures. The latest changes include ongoing distribution-rate announcements and the expansion of the YieldBOOST family, reflecting the firm’s strategy to broaden access to high-income ETF solutions while preserving risk controls and clear tax disclosures. The fund’s target market comprises income-seeking investors who are comfortable with an options-based yield strategy and the potential for limited upside participation due to strike-level caps, with eligibility across standard brokerage platforms and ETF wrappers. The strategy aims to deliver regular distributions while preserving liquidity for secondary-market trading, subject to market conditions, option pricing, and the performance of the underlying leveraged exposure. The ETF’s structure positions it within GraniteShares’ broader emphasis on cost-conscious, rules-based vehicles designed to offer transparent, rule-driven income generation for a diversified investor base. SA/US regulatory status and fund-family affiliations are consistent with passported exchange-traded vehicles designed for exchange-traded access to yield-enhancing strategies. The company’s founding year and detailed corporate history reflect its expansion of ETF offerings and ongoing product development in the U.S. market, with headquarters in the United States and distribution across major financial markets where permitted. GraniteShares thus presents XEY as a specialized instrument within its YieldBOOST suite, combining a disciplined option-premium capture framework with a levered ETF proxy to achieve targeted weekly income, underpinned by formal risk disclosures and periodic performance and distribution updates.