The Buena Vista DEX Vettafi Neos Ethereum High Income ETF (ETHY11) is a Brazilian exchange-traded fund designed to provide exposure to Ethereum combined with an income-generation strategy. The ETF is managed by Buena Vista Capital and trades under the ticker ETHY11 on the B3.
Classified as a strategy-based crypto ETF, the fund does not passively replicate a traditional benchmark index. Its structure combines exposure to Ethereum-linked assets with options strategies intended to generate recurring income while maintaining participation in the performance of the underlying digital asset.
Composition / Exposure profile
ETHY11 provides exposure primarily associated with:
- Ethereum-linked assets.
- Cryptocurrency markets.
- Options-based income strategies.
- Digital assets.
- Ethereum derivatives.
- International crypto exposure.
- Volatility-driven strategies.
- Monthly income-generation structures.
The ETF’s performance is particularly sensitive to fluctuations in Ethereum prices, cryptocurrency-market volatility, and changes in investor sentiment toward digital assets.
Changes in global liquidity conditions, regulatory developments involving cryptocurrencies, and shifts in adoption trends across blockchain ecosystems may directly affect the fund’s behavior. The ETF may also reflect developments associated with decentralized finance (DeFi), smart-contract adoption, and the evolution of the Ethereum network.
Structure and costs
ETHY11 shares trade on the secondary market on the B3 during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).
The fund charges a management fee and does not apply a performance fee. ETHY11 distributes recurring income through monthly payments to shareholders according to the fund’s distribution policy.
Because the ETF combines Ethereum exposure with options-based income strategies, its performance may reflect both cryptocurrency-market volatility and the effects of derivatives positioning within the portfolio.
History and evolution of the ETF
The Buena Vista DEX Vettafi Neos Ethereum High Income ETF was launched in 2025 with the objective of expanding access to Ethereum through the Brazilian stock exchange while incorporating an income-generation strategy tied to the digital asset.
Since inception, the fund has become part of the growing segment of cryptocurrency ETFs in Brazil, reflecting increasing investor interest in digital assets and alternative income-oriented investment strategies.
In recent periods, ETHY11 has reflected both fluctuations in Ethereum prices and the effects of the options strategies implemented within the portfolio, highlighting the interaction between cryptocurrency volatility and recurring income generation.
Additional Information
Buena Vista DEX Vettafi Neos Ethereum High Income ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $10.12 Millions.
Over the past 12 months, Buena Vista DEX Vettafi Neos Ethereum High Income ETF recorded a return of -, with its price trading between $45.86 and $109.60 during the same period.
The ETF is traded under the ticker ETHY11.