The latest update from YieldMax ETFs shows UPST and PLTR being trimmed alongside COIN, underscoring how crypto narratives still echo through broader ETF allocations. The ULTY/SLTY update (9/29) flags a $40.2M outflow and a reshaping of holdings, with MP and BMNR scaled up. That mix is a glimpse into how investors blend yield with crypto sentiment. [1]
On the ULTY side, AUM sits at $3,382,863,703 (-0.5%), cash around $740M; outflows total about $40.2M [1]. The holdings shifted: UPST (-62.8%), PLTR (-18.6%), COIN (-18.1%) among the top reductions [1]. The update notes that MP and BMNR were scaled up [1].
Crypto-name COIN is being trimmed alongside non-crypto holdings, showing crypto mood can pull broader allocations within YieldMax’s tweaks [1]. "Diversifying can always help," a commenter notes, a reminder that total return matters in practice [1].
• Diversification reality: Crypto chatter is spilling into non-crypto names, nudging rebalances within ULTY/SLTY blends [1]. • Risk signals: The conversation around high-yield funds surfaces as commenters warn these pockets carry elevated risk [1]. • Crypto mining linkage: The presence of crypto mining-related names like MARA among movers signals edge cases where miners ride ETF shifts [1].
Bottom line: crypto narratives continue to influence ETF portfolios, even when the target is yield and NAV stability. Watch whether this bleed stays as markets shift. [1]
References
ULTY/SLTY Update (9/29): $40.2M outflow, trimming UPST/PLTR/COIN, scaling MP/BMNR
ETFs update notes MARA as an underlying mover among crypto-related stocks; discussions touch on bitcoin exposure and mining company equities
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