2024-12-26T09:13:19+0000

So theres a new ETF on the scene that has been capturing a lot of attention from investors, Especially income investors, because it has been on an absolute monster of a bull run returning over 115% in total returns in the past 7 months, accompanied with an insane dividend yield of 37%. And This brings me to CONY which is the Yield Max Coin option income strategy ETF. This is an ETF that uses a combination of options to indirectly invest in coinbase stock, and aims to generate an extremely high Dividend yield. But what's interesting is the performance of this fund is heavily tied to not only the underlying company it tracks, but also the performance of Bitcoin. Almost like a dividend Bitcoin ETF. In this video i go through CONY in detail and why its performance is heavily correlated with Bitcoin, and all the major risks associated with the ETF, in order to determine whether this high income ETF is a good investment, or a dividend trap! ✅Market Research Platforms✅ Seeking Alpha - Get $50 OFF + 7 Day Free Trial https://seekingalpha.me/ViktoriyaMedia Alpha Picks https://www.sahg6dtr.com/25S2ZK4/J8P3N/ Koyfin - Advanced platform for researching global stocks, ETFs, Mutual Funds & more: Get 20% OFF: https://www.koyfin.com/affiliate/vikt... ✅Investing/Trading Platforms✅ Moomoo - Get up to 15 FREE stocks: https://j.moomoo.com/00Aq4o WeBull - EARN 5% APY on CASH NOW! https://a.webull.com/i/ViktoriyaMedia TIME STAMPS: 00:00 Introduction 00:44 BITCOIN & CONY 01:37 CONY ETF fundamentals 03:18 How CONY works - Synthetic Covered Calls 06:31 - COINBASE vs BITCOIN 08:11 - COINBASE Major Warnings & Problems 09:29 - CONY Major Problems 12:22 - Buy the Rumour & Sell the News ⚠️⚠️⚠️ Disclaimer: I am not a financial advisor. Viktoriya Moskalyuk does not provide investing, tax, legal or accounting advice. This video is for entertainment and educational purposes only and should not be considered as financial advice. I am solely sharing my personal experience and opinions. I highly encourage you to do your own research- there is a risk of losing money in the market. You should consult your own tax, legal and financial/investment advisors before engaging in any transactions. 🚨Thumbnails are NEVER a direct quote from any public figure. It is a form of art and is strategically used for audience engagement. DO not rely on the “quote” as a real statement from a public figure. 🚨Advertiser Disclosure: The links provided on this channel are from affiliate partners, which means that if you make a purchase through my affiliate link, I may earn a small commission at no cost to you. 📚BOOKS TO READ📚 THE OPTION WHEEL STRATEGY: https://amzn.to/4046nFf COVERED CALLS for BEGINNERS: https://amzn.to/42IsXoX Investing for Dummies: Original - https://amzn.to/3Ju9bVc 9-in-1 Books- https://amzn.to/3FGu3r3