Amplify’s New Ethereum ETFs Turn Crypto Chaos Into Cash Flow

When most crypto investors consider Ether‘s (CRYPTO: ETH) volatility, they often experience heartburn. But Amplify ETFs sees opportunity in the yield. On Oct 9, the Chicago issuer launched two Ether-centered funds, the Amplify Ethereum 3% Monthly Option Income ETF (BATS:ETTY) and the Amplify Ethereum Max Income Covered Call ETF (BATS:EHY), that seek to extract steady cash flow from one of the most volatile assets in the digital cosmos.

Both funds are members of Amplify’s YieldSmart family, which converts market volatility into possible monthly distributions through covered call strategies. However, in contrast to standard crypto products that merely mirror Ether’s rollercoaster ride in price, ETTY and …

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