Income-Hungry Traders Pile Into NEOS Ethereum Fund Despite Ether Slump
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The NEOS Ethereum High Income ETF, NEHI, drew a fresh wave of capital at the start of the year, recording approximately $2.45 million in net inflows on January 2, 2026. The move lifted the fund’s profile in a single stroke, with the latest flow equal to about 19.2% of its roughly $12.75 million in assets under management (AUM).
The scale of the inflow is striking for a still-niche product, effectively reshaping NEHI’s asset base in one session. It suggests investors are willing to lean into an income-focused Ethereum strategy even as the underlying token has been under pressure, potentially reflecting a search for yield and optionality rather than pure price appreciation.
The related asset, ETH-USD, is currently trading around $3,222.36 after a challenging quarter in which it has shed about 32.09% over the past three months. Despite the drawdown, the short-term outlook appears more balanced, with the 1-day technical signal sitting at Hold, indicating neither clear bullish nor bearish momentum dominates the very near term.
For NEHI holders, that backdrop cuts both ways: elevated volatility in Ethereum’s price can fuel option-writing and yield strategies often used by high-income crypto ETFs, but persistent weakness in the underlying asset also raises questions about how long investors will tolerate drawdowns in pursuit of enhanced distributions.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.