YieldMax™ Introduces Option Income Strategy ETF on Robinhood Markets, Inc. (HOOD)

Group 1 - YieldMax™ launched the YieldMax™ HOOD Option Income Strategy ETF (HOOY) to generate current income through options-based strategies on Robinhood Markets, Inc. (HOOD) [1][2] - HOOY is part of the YieldMax™ ETF family, which aims to deliver current income to investors, with its first distribution expected on May 28, 2025 [2][3] - HOOY is managed by Tidal Financial Group and does not invest directly in HOOD [1][2] Group 2 - HOOY is categorized as a Group C ETF, indicating its distribution structure [2] - The distribution rates for other YieldMax™ ETFs vary, with some ETFs offering weekly distributions and others monthly [3][4] - The distribution rates for existing YieldMax™ ETFs range from $0.1059 to $4.6556 per share, with yields varying significantly [3][4]