Income Hunters Pile Into NEOS Ethereum ETF as Flows Jump 17% in a Day

Income Hunters Pile Into NEOS Ethereum ETF as Flows Jump 17% in a Day

The NEOS Ethereum High Income ETF, ticker NEHI, saw a sharp influx of capital on January 21, 2026, with fresh inflows of $4,489,731. The move represents 17.14% of the fund’s latest reported assets under management (AUM), which now stand at $26,192,155—an unusually large single-day allocation that signals growing interest in yield-focused Ethereum strategies despite a softer market backdrop.

Such a sizeable percentage swing in AUM in one session suggests that allocators are either rotating into option-based income products tied to digital assets or opportunistically positioning after a drawdown in the underlying cryptocurrency. For a relatively young, niche product like NEHI, a near one-fifth expansion of its asset base in a day underlines how quickly sentiment can shift when investors detect an attractive risk–income trade-off.

The related asset, ETH-USD, is currently trading at $3,011.22. Over the past three months, Ethereum has dropped about 26.16%, a decline that may be prompting some investors to seek compensation via higher income generation rather than pure price appreciation. Short-term momentum remains fragile: the 1-day technical signal on Ethereum screens as a Sell, highlighting continued near-term downside pressure even as longer-term believers look to monetize volatility through covered-call and income-oriented ETF structures.

This tension—between tactical weakness in Ethereum’s price and strategic inflows into an Ethereum-linked income ETF—illustrates how the market is maturing. Investors are no longer simply betting on spot price direction; they are increasingly using derivative-based products to smooth returns, extract yield, and manage risk around a notoriously volatile asset. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.