GraniteShares has launched two new ETFs, linked to Meta and Alibaba, as part of its growing YieldBoost range aimed at generating income through options strategies.

New York based ETF issuer GraniteShares has added two new funds to its YieldBoost lineup, the GraniteShares YieldBoost META ETF (FBYY) and the GraniteShares YieldBoost BABA ETF (BBYY). Both products are designed to generate income using options strategies tied to leveraged ETFs. The two ETFs join GraniteShares’ existing YieldBoost suite The Meta focused ETF, FBYY, makes money by selling put options on leveraged ETFs tied to Meta Platforms. The BBYY fund uses a similar strategy for Alib