NEOS Ethereum High Income ETF
NEHI
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Joseph V. Amato
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 15601 Dallas Parkway, Suite 510 Addison TX United States of America 75001
- IPO Date
- Dec 3, 2025
- Website
- neosfunds.com
- Similar Companies
- Business
- NEOS ETF Trust - Ethereum High Income ETF (NEHI) is an actively managed exchange-traded fund that seeks to generate high monthly income with potential for equity appreciation through indirect exposure to Ethereum; the fund primarily invests in exchange-traded products (ETPs) with direct Ethereum exposure, such as iShares Ethereum Trust ETF (ETHA), supplemented by a data-driven call option overlay strategy involving FLEX options on ETHA and U.S. Treasury bills for collateral. Core offerings include monthly distributions derived from option premiums, capital gains, dividends, and interest payments, classified largely as return of capital for tax efficiency under Section 1256 contracts (60/40 tax treatment); the fund employs a controlled foreign corporation structure for certain ETP investments and does not hold Ether directly. NEHI trades on the Cboe BZX Exchange with a gross expense ratio of 0.98%, targeting investors seeking Ethereum-linked income less correlated to traditional fixed-income assets. A series of NEOS ETF Trust, NEHI was incepted on December 3, 2025, and is headquartered at 13 Riverside Avenue, Westport, Connecticut 06880, operating within the digital asset and options-based ETF segments of the investment management industry. The fund serves retail and institutional investors pursuing high-yield alternatives to conventional income strategies, with geographic focus on U.S.-listed securities and global Ethereum exposure via ETPs. As part of NEOS Investments' broader suite of options-based ETFs, including Bitcoin High Income ETF (BTCI) and equity high-income products like SPYI and QQQI, NEHI benefits from monthly distribution announcements, such as those in October and November 2025, reflecting ongoing portfolio expansions in crypto income strategies. Launched amid rising demand for cryptocurrency income solutions, NEHI represents NEOS Investments' recent strategic extension into Ethereum high-income ETFs following established Bitcoin and equity offerings; the fund quickly grew to approximately $35 million in net assets by mid-December 2025 with 690,000 shares outstanding. No major acquisitions, partnerships, or reorganizations specific to NEHI have been reported within its brief operational history, though NEOS continued suite-wide enhancements via regular monthly distributions and tax-efficient structures as of November 2025. Current holdings as of December 18, 2025, feature 78.76% in U.S. Treasury Bill (02/26/2026), 23.90% in iShares Ethereum Trust ETF, and targeted ETHA call and put options for income generation and upside participation.