US asset management firm NEOS Investments has filed a preliminary prospectus for a high-yield Ethereum (ETH) ETF. Bloomberg ETF analyst Eric Balchunas highlighted the filing on X, noting increased activity in Ethereum ETF launches due to substantial capital inflows into the cryptocurrency. This potential ETF aims to offer investors exposure to Ethereum while generating yield through strategies like covered calls. If approved, the NEOS ETF would join a growing list of Ethereum-related investment products, providing more diverse options for investors looking to participate in the ETH market. This move signals increasing confidence in Ethereum's long-term potential and its role in the evolving financial landscape. The SEC is currently reviewing multiple spot ETH ETF applications. ```

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