No. Video (YouTube) campaigns are read-only in the Google Ads API: you can see their metrics in Ads Editor, but you can't create, duplicate, or edit them. This is a limitation of Google itself, not of Ads Editor, and it applies to any tool that uses the API.

The Google Create campaign flow in Ads Editor creates Search, Display, Performance Max, Demand Gen, and Shopping campaigns. To use video in an ad, the workaround is Demand Gen or Performance Max assets, with the Upload video from computer button. A Video campaign itself has to be created in Google Ads. Once it exists, it shows up here for tracking.

Meta is different: video creatives work normally, including in bulk upload through Meta Ads Editor.