New York, NY, July 30, 2025 (GLOBE NEWSWIRE) -- GraniteShares, an ETF issuer specializing in high conviction ETFs, announced that it is launching one ETFs to add to its existing YieldBOOST lineup - the GraniteShares YieldBOOST COIN ETF (COYY).
The GraniteShares YieldBOOST COIN ETF (COYY) is designed to generate income from options1 strategies linked to 2x Long COIN Daily ETF (CONL). To generate income, COYY sells put options2 on leveraged ETFs linked to 2x Long COIN Daily ETF.
Key Details:
| Fund Name | Ticker | CUSIP |
| GraniteShares YieldBOOST COIN ETF | COYY | 38747R 371 |
"We are excited to launch the newest additions to our YieldBOOST options income suite,” said Will Rhind, Founder and CEO of GraniteShares. “The GraniteShares YieldBOOST COIN ETF (COYY) will seek to generate income from selling put options on their respective underlying leveraged ETFs.”
Other existing YieldBOOST ETFs include:
For more information, please visit: www.graniteshares.com.
About GraniteShares:
GraniteShares is an entrepreneurial ETF provider focused on high-conviction investment solutions. The firm offers a range of ETFs spanning leveraged, inverse, and high-yield strategies, empowering investors with differentiated tools for portfolio construction. Founded in 2016, GraniteShares has grown rapidly by delivering cutting-edge solutions tailored to modern market needs. For more information, visit www.graniteshares.com.
Source: GraniteShares
1An option is a contract that gives the holder the right, but not the obligation to buy or sell a specific asset at a predetermined price on or before a specified date. Options are a type of derivative, meaning their value is derived from the underlying asset.
2A put option is a contract that gives the buyer the right, but not the obligation, to sell an underlying asset at a specified price (the strike price) by or on a specific fate (the expiration date).
RISK FACTORS & IMPORTANT INFORMATION
Fund is newly launched and has risks associated with its limited operating history.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Funds, please call (844) 476 8747 or. Read the prospectus or summary prospectus carefully before investing.
There is no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment.
An Investment in the Fund is not an investment in the Underlying COIN ETF
The Fund’s strategy will cap its potential gain if the Underlying COIN ETF’s share increases in value
The Fund’s strategy is subject to all potential losses if the Underlying COIN ETF’s share decline, which may not be offset but the income received by the Fund,
The Fund does not invest directly in the Underlying COIN ETF,
Fund shareholders are not entitled to any distribution paid by Underlying COIN ETF.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from the returns.
An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as option contracts and swaps is subject to market risks that may cause their price to include Risk of the Underlying ETF, Derivatives Risk, A Risk, Put Writing Strategy Risk, Option Market Liquidity Risk. These and other risks can be found in the prospectus.
This information is not an offer to sell or a solicitation of an offer to buy the shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Please consult your tax advisor about the tax consequences of an investment in Fund shares, including the possible application of foreign, state, and local tax laws. You could lose money by investing in the ETFs. There can be no assurance that the investment objective of the Funds will be achieved. None of the Funds should be relied upon as a complete investment program.
THE FUNDS ARE DISTRIBUTED BY ALPS DISTRIBUTORS, INC. GRANITESHARES IS NOT AFFILIATED WITH ALPS DISTRIBUTORS, INC.
©2025 GraniteShares Inc. All rights reserved. GraniteShares, GraniteShares ETFs, and the GraniteShares logo are registered and unregistered trademarks of GraniteShares Inc., in the United States and elsewhere. All other marks are the property of their respective owners.
Media contact:
Gregory FCA for GraniteShares
Te’a Gray, 203-815-4514
graniteshares@gregoryfca.com
