The GraniteShares YieldBOOST COIN ETF (COYY) is an exchange-traded fund designed to combine exposure to Coinbase Global shares with an options-based income strategy. The ETF is managed by GraniteShares and trades under the ticker COYY on the Nasdaq.

Classified as an options-income ETF, the fund invests in financial instruments linked to the shares of Coinbase Global (NASDAQ: COIN) while utilizing options strategies to seek enhanced income generation. Its objective is to provide exposure to the company's stock while generating additional cash flow through option premiums.

The ETF follows an active management approach, combining positions tied to Coinbase shares with covered call strategies in an effort to generate recurring income while maintaining exposure to a portion of the underlying stock's price movements.

Diversification and sector exposure

COYY provides exposure primarily associated with:

• Coinbase Global.

• Digital assets.

• Cryptocurrency infrastructure.

• Financial services.

• Financial technology.

• Blockchain.

• Covered call strategies.

• Options-based income generation.

Because the strategy is concentrated in a single company, the ETF's performance is closely tied to the price of Coinbase shares and broader developments across the digital-asset industry.

In addition to changes in Coinbase's stock price, returns are influenced by option premiums, which generally fluctuate with the underlying stock's volatility.

Structure and costs

COYY shares trade on the secondary market on the Nasdaq during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF's market price with its net asset value (NAV).

Because the fund is actively managed, portfolio managers continuously adjust equity and options positions in response to market conditions and the strategy's objectives. The ETF charges a management fee as outlined in its prospectus and does not apply a performance fee.

History and evolution of the ETF

The GraniteShares YieldBOOST COIN ETF was launched in 2025 as part of the YieldBOOST product lineup, which combines options-based income strategies with exposure to individual high-volatility stocks.

Since inception, the fund has become part of a growing category of ETFs designed to enhance income through options while maintaining exposure to innovative companies.

In recent years, the expansion of the digital-asset industry, continued growth in cryptocurrency infrastructure, and increasing institutional participation have contributed to the growing importance of companies such as Coinbase within global financial markets.

Additional Information

GraniteShares YieldBOOST COIN ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $19.43 million.

Over the past 12 months, GraniteShares YieldBOOST COIN ETF recorded a return of -62.08%, with its price trading between $3.47 and $25.66 during the same period.

The ETF is traded under the ticker COYY.