Income hunters pile into NEOS Ethereum fund as crypto slumps
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The NEOS Ethereum High Income ETF, NEHI, attracted $3.28 million in fresh capital on February 25, 2026, marking one of its strongest single-day inflows since launch. The move lifts assets under management to $31.4 million, with the latest flow representing about 10.4% of the fund’s AUM and signaling robust demand for yield-focused Ethereum exposure.
The related asset, ETH-USD, is currently trading at $2,062.07 after a steep 31.8% slide over the past three months. Despite the drawdown, the short-term technical picture is neutral, with a 1-day signal of Hold, suggesting traders remain cautious but are not yet capitulating at these levels.
NEHI’s sizable inflow against a backdrop of falling ether prices underscores how some investors are leaning into covered-call and income strategies rather than abandoning the asset class. The fund’s ability to draw cash during a drawdown may reflect a shift toward harvesting volatility-driven premiums, as investors seek to monetize Ethereum’s swings while tolerating price risk.
For Ethereum itself, the divergence between price weakness and ETF inflows could foreshadow stabilization if demand for structured products continues to grow. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.