No, the Blue Yeti is not compatible with the Elgato Wave XLR Pro.
Blue Yeti is a USB condenser microphone. Wave XLR Pro has 2 XLR microphone inputs and connects to a computer via USB-C as a host interface — it does not accept USB audio sources as microphone input. USB microphones cannot be routed through Wave XLR Pro's signal chain.
What works instead
See all compatible microphone for the Blue Yeti →“Microphone 1 (XLR, Mono) Microphone 2 (XLR, Mono)”
“Multi-Pattern USB Microphone with Blue VO”
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