Crypto Focused Weekly Paying ETF For Risk Takers

Collect a 72% dividend yield from crypto companies.

TL;DR - YieldMax Crypto Industry & Tech Portfolio Option Income ETF LFGY 0.00%↑ currently delivers an annualized yield of about 75.7%, paid out weekly to shareholders. The fund generates income through option strategies that include call writing and collars, which provide weekly cash flow but also cap upside potential. Payouts have been relatively steady since inception, although they could decline if the crypto sector or broader indices experience prolonged weakness. Many distributions are classified as return of capital, which can provide tax advantages, though the composition varies each week.

The YieldMax Crypto Industry & Tech Portfolio Option Income ETF has quickly become one of the more talked-about income products of 2025. The fund launched in January with a 0.99% expense ratio, and it immediately stood out because of its staggering payout rate. At the time of writing, the yield is estimated at more than 75% on an annualized basis, and distributions are made weekly.

This figure is almost unheard of in the ETF space. To put it in context, most option-income funds yield somewhere between 8% and 15%, which means LFGY is paying out nearly five to ten times that amount. This is what has attracted attention from yield-focused investors. The tradeoff, of course, is risk. Since inception, the share price has dropped by more than 30%. However, the enormous distributions have offset this decline to the point that the total return still sits in positive territory at just under 10%.

👉Remember: it is important to measure the total return including all distributions.

The fund was never designed to provide long-term capital appreciation. Instead, it exists to convert volatility into cash flow. The underlying message to investors is clear: you are not here for price growth, you are here for weekly income. I’ve been able to utilize different YieldMax funds to rapidly increase my monthly income levels.

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How It Works

The way LFGY generates its yield is by taking advantage of the volatility in the crypto sector. Unlike many YieldMax funds that rely on synthetic positions, LFGY actually holds the shares of the companies it writes options against. This provides it with a more tangible exposure and creates a slightly different risk profile than some of its peers.

The portfolio is concentrated in crypto-related equities.

The largest holding is the iShares Bitcoin Trust ETF IBIT 0.00%↑, which makes up just under 9% of assets.

Other prominent names include:

1. Coinbase Global COIN 0.00%↑

2. Hut 8 Corp HUT 0.00%↑

3. Robinhood Markets HOOD 0.00%↑

4. Strategy MSTR 0.00%↑

5. Riot Platforms RIOT 0.00%↑

Each of these companies has significant ties to the crypto economy, whether through mining, trading, or direct Bitcoin exposure.

What makes these positions attractive to LFGY is not their potential for long-term growth but their volatility. The greater the swings in price, the higher the option premiums that can be collected. LFGY takes advantage of this by selling covered calls, which generate regular income but also limit how much the fund can benefit from sharp rallies. To mitigate downside risk, the fund also sells collars and put spreads, providing a layer of insurance if these volatile stocks fall sharply. This approach does not eliminate losses, but it does soften them.

Performance Risks

Since inception, LFGY has lagged behind most of its top holdings on a total return basis. The one exception has been MicroStrategy, which has been one of the more volatile names in the sector. This underperformance is not surprising. By capping upside through option writing, the fund gives up some of the explosive gains that its underlying holdings might deliver in favor of consistent cash flow. For investors who want exposure to a specific stock such as Coinbase or Robinhood, owning those companies directly may provide a better long-term return.

LFGY has suffered from a lot of the same issues as other YieldMax ETFs. Looking at the performance since inception, we can see that LFGY’s share price has drastically declined.

The risks here are important to understand. LFGY is tied to the boom-and-bust cycles of the crypto sector. If Bitcoin or related assets enter a prolonged downturn, the fund’s payouts and share price will be under pressure. Option ETFs in general also have a tendency to experience price erosion over time, as consistent distribution payments are often offset by share price declines. Finally, while the distributions are currently stable, they are not guaranteed and can fluctuate based on market conditions and the success of the strategy.