The ETF provider has launched a new product as part of the YieldSmart suite aimed at generating steady regular income.
Amplify ETFs, a provider of unique exchange traded funds, has launched two new Ethereum based products: the Amplify Ethereum 3% Monthly Option Income ETF (ETTY) and the Amplify Ethereum Max Income Covered Call ETF (EHY). Both ETFs belong to Amplify’s YieldSmart suite. This suite helps investors earn steady, regular income by writing covered call options on Ether linked exchange traded products (ETPs). The main aim here is to convert the price swings into steady, regular income with the po