Agree with you that selling BTC to buy MSTY isn’t ideal but if someone needs the income it’s probably the best option. That said, buying MSTY in addition to BTC has shown to be a good bet.

Since inception, 13 months ago, zero nav decay which everyone is worried about because of other YM products. 172% return in income. Hard to argue with those results after months of chop, the big run in Nov and subsequent 50% drawn down since.

Someone pulled the numbers the other day, since moving to their credit spread strategy, they are only trailing MSTR in total returns by a couple of percent points.

Yes it’s not BTC but in a world where people don’t want to sell their bitcoin and we all have income needs, there isn’t a better option