The Tidal Trust II YieldMax Ultra Option Income Strategy ETF (ULTY) rose by 1.12% at market close on Thursday, November 21st, driven by favorable market conditions for option income strategies. The ETF's underlying assets are benefiting from a broader trend of record cash inflows into exchange-traded funds globally, as reported by Bloomberg Intelligence. This influx, totaling $1.5 trillion so far this year, is attributed to a strong stock market rally, which has bolstered investor confidence in income-generating strategies. Additionally, the anticipation of historically strong inflows in December further supports the positive sentiment surrounding these assets.