🔴 Ethereum ETF (EETH.XA) is trading 3.48% down on October 14 after U.S. inflation exceeded forecasts

EETH.XA is trading at A$3.33, down 3.48%, as hotter-than-forecast September U.S. CPI raised concern that rates may stay higher for longer.

• Annual inflation rose to 3.7%, above the 3.6% forecast.
• Supplied seven-day closes declined from A$3.83 on October 6 to A$3.45 on October 14.
• Ethereum and broader crypto weakened as investors repriced rate expectations, adding direct pressure to the Ethereum-linked ETF.