Tidal's YieldMax Bitcoin Option Income Strategy ETF (NYSEMKT: YBIT) offers investors a unique way to generate income from Bitcoin's (CRYPTO: BTC) volatility. It does that by constantly writing covered calls on its own "synthetic long" positions in Bitcoin, and it currently pays an annual distribution rate -- or the yield an investor would receive if its most recent distribution (including option income) stays the same for the full year -- of 41.5%. That massive yield makes YBIT an income juggernaut, but is it really just a high-yield trap? Let's dig deeper and see how YBIT actually churns out its ... (full story)