Ethereum ETF Sees Outflows Amidst Rising Caution and Strong Price Momentum

The NEOS Ethereum High Income ETF (NEHI) has seen a notable outflow of $1.57 million on August 24, 2026, reducing its assets under management by approximately 1.58% to around $99.48 million.

This development suggests that investors are growing more cautious about yield-focused crypto products even as Ethereum-linked strategies continue to attract speculative interest.

The related asset, ETH-USD, is currently trading at a price of $2,434.94 after experiencing a significant gain of around 21.17% over the past three months, indicating a strong recovery in the underlying token.