EETH.XA is trading at A$3.41, down -3.67%, as Ether weakness and sustained U.S. spot Ether ETF outflows weigh on the ETF.
- U.S. spot Ether ETFs recorded outflows for seven consecutive days; outflows totaled $160.9 million on October 7.
- Middle East tensions pushed oil higher and Treasury yields near multi-decade highs, intensifying risk-off pressure.
- Crypto liquidations amplified losses.