The exchange-traded fund (ETF) is designed to provide exposure to ether-related investments while generating income through an options-based strategy.

Global X Management Company LLC has launched the Global X Ethereum Covered Call ETF (EHCC), its first ETF linked to a cryptocurrency other than Bitcoin. Global X has expanded its digital asset-related suite to four funds EHCC provides exposure to ether-related investments while generating income through an options-based strategy. The fund does not hold ether directly but instead writes call options on ether-related exchange-traded products. In doing so, it seeks to convert the asset&rs