YieldMax Bitcoin Option Income Strategy ETF Price & Performance (YBIT)

Tesla's stock experienced a sharp 15% drop on March 10, marking its worst single-day performance since 2020. Contributing factors include reduced vehicle delivery forecasts, declining sales in key markets, and reputational challenges. Analysts have also highlighted a 50% sales drop in Europe, raising concerns about Tesla's near-term growth outlook.1

YieldMax ETFs, including AIYY and CONY, were among February's poorest performers, with declines of 30% and 29%, respectively. Factors such as declining cryptocurrency values and broader market downturns contributed to their underperformance. These funds focus on options strategies linked to stocks like Coinbase and C3.ai, but their returns remain capped by design.2

The YMAG ETF, which utilizes a covered call strategy on top tech stocks, delivered a 40% total return in its first year despite market volatility. While risks include potential underperformance of its holdings, YMAG remains attractive for income-focused investors, offering yields between 40% and 56% based on recent distributions.3