Income Hunt or Value Trap? NEOS Bitcoin ETF Pulls in Fresh Cash as BTC Slumps
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The NEOS Bitcoin High Income ETF, BTCI, drew $8.17 million in net inflows on February 10, 2026, even as its underlying asset struggles. The move represents roughly 0.96% of the fund’s $851.02 million in assets under management, suggesting investors are leaning into the ETF’s covered-call income strategy despite heightened volatility.
The related asset, BTC-USD, is currently trading at $68,070.50 after a sharp three-month slide of about 25.43%, underscoring the depth of the recent correction. Short-term technicals remain bearish, with a 1-day signal flashing Strong Sell, yet the steady demand for BTCI suggests investors are using options-based products to monetize that downside pressure.
Flows of this magnitude, while modest relative to BTCI’s overall size, highlight a preference for yield-enhanced exposure over direct spot holdings as traders reassess crypto risk. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.