Amplify Ethereum Max Income Covered Call ETF is an actively managed exchange-traded fund sponsored by Amplify ETFs that seeks to maximize current income through a covered call strategy tied to the price return of Ether, while maintaining selective exposure to Ether-linked upside; the fund is based in Chicago and launched on October 9, 2025. The ETF’s core strategy is to generate high monthly option premium income by writing weekly, 5% to 10% out-of-the-money covered call options on Ether exchange-traded products, with the sponsor describing a target of 50% to 80% annualized option premium income. Its portfolio is centered on Ether-related instruments and option positions, with top strategic holdings including Ethereum ETP exposure and income call structures, and it distributes income monthly. In recent developments, Amplify expanded its Ethereum-focused YieldSmart suite with the launch of EHY alongside the Amplify Ethereum 3% Monthly Option Income ETF, and the fund has continued to report monthly distributions, including a declared $0.3508 per share dividend in August 2026. EHY operates in the cryptocurrency and digital asset ETF segment and is designed for investors seeking income-oriented exposure to Ether volatility rather than direct operating business lines, products, or subsidiaries.