Key Takeaways:
Asset manager Global X on April 4, 2026, launched its Ethereum Covered Call ETF, a new fund designed to generate weekly income for investors from the second-largest cryptocurrency by market capitalization.
"The fund's strategy involves holding Ethereum (ETH) and selling call options against those holdings to generate income," a spokesperson for Global X said in a statement. This approach allows investors to potentially earn yield from the options' premiums.
The introduction of this regulated product provides a new avenue for traditional investors to gain exposure to Ethereum's performance while earning potential yield. To operate its covered call strategy, the fund must acquire and hold ETH to back its shares, which could introduce sustained buying pressure into the market. The fund will trade under the ticker EPLC.
The launch broadens the regulated investment landscape for digital assets, potentially leading to greater price stability and legitimization for Ethereum over the long term. This follows a growing trend of new crypto-based financial products, including spot Bitcoin ETFs from major asset managers like BlackRock and Fidelity, that are bridging the gap between traditional finance and the digital asset class.
This article is for informational purposes only and does not constitute investment advice.
