Ethereum Options ETF Rakes In Cash as Traders Embrace Yield Play
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The NEOS Ethereum High Income ETF, NEHI, recorded fresh inflows of $3.95 million on April 22, 2026, marking a notable vote of confidence in a choppy crypto market. The addition represents about 6.34% of its current $62.29 million in assets under management, a sizable single-day boost for a still-niche income-focused Ethereum strategy.
The related asset, ETH-USD, is currently trading at $2,339.87 after shedding roughly 15.9% over the past three months, underscoring how option-writing income products like NEHI may appeal to investors seeking cash flow amid price weakness. Despite the drawdown, ETH’s 1-day technical signal flashes a bullish tone, registering as a Strong Buy.
The sharp inflow suggests investors are leaning into Ethereum volatility as an opportunity rather than a deterrent, using NEHI’s covered-call style strategy to monetize swings while maintaining exposure to the underlying token. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.