NEOS ETF Sees Significant Influx of Capital Amid Ethereum Downturn

The cryptocurrency market has been experiencing a downturn, with Ethereum (ETH-USD) trading at around $1,997.99 after shedding approximately 34.65% over the past three months. Despite this drawdown, some technical signals suggest that traders may see an opportunity for a near-term rebound.

The NEOS Ethereum High Income ETF (NEHI), on the other hand, has been attracting investor attention with its robust $3.97 million in net inflows on March 25, 2026. This influx of capital brings the fund's assets under management to around $43.87 million, representing a significant 9.05% increase from its total AUM.

The strong interest in NEHI suggests that investors are using covered-call and income-oriented strategies to stay exposed to Ethereum's volatility without taking on full directional risk. By leveraging these structures, allocators can aim to harvest option premiums while waiting for price stability to return.