YETH operates on a similar framework to YBTC but focuses exclusively on the Ethereum ecosystem to generate monthly income. The fund establishes exposure by investing in Ether futures ETFs while simultaneously writing out-of-the-money call options on Ether futures contracts. This strategy allows investors to monetize Ether's high volatility through regular premium distributions. The primary trade-off is that the fund's gains are strictly limited if Ether's price surges past the option strike prices, while offering very little protection if the cryptocurrency's price plummets.