Bitcoin Income ETF Sees Year-End Outflows as Token’s Slide Tests Yield-Hungry Holders

Bitcoin Income ETF Sees Year-End Outflows as Token’s Slide Tests Yield-Hungry Holders

The NEOS Bitcoin High Income ETF, BTCI, recorded net outflows of $2.2 million on December 29, 2025, as investors trimmed exposure after a volatile quarter in the underlying crypto market. The withdrawal, while modest at roughly 0.22% of the fund’s $992.0 million in assets under management, signals a cautious tone among income-focused crypto investors heading into the new year.

BTCI, which blends Bitcoin exposure with an options-based income strategy, has generally benefited from elevated volatility, but the latest redemptions suggest some shareholders are locking in gains or de-risking after a sharp drawdown in the underlying asset. With AUM still hovering just under the $1 billion mark, the ETF remains sizable, yet even small percentage shifts in flows can hint at changing sentiment in a niche where volatility and derivatives overlays are central to the product’s appeal.

The related asset, BTC-USD, is currently trading at $89,390.02, down about 27.25% over the past three months, underscoring the depth of the recent correction in the world’s largest cryptocurrency. Despite that drawdown, near-term signals have turned more constructive, with a 1-day technical rating of Buy, suggesting short-term momentum traders may be stepping back in even as ETF investors remain selective.

For BTCI, the combination of declining spot prices and options income potential creates a nuanced backdrop: lower Bitcoin levels can deter new inflows from risk-averse investors, but heightened volatility often boosts premium generation, a key element of the fund’s high-income pitch. How that balance plays out will determine whether the latest outflow is a year-end blip or the start of a more sustained repositioning away from income-oriented Bitcoin strategies.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.