EETH.XA is trading at A$2.78 (+6.51%) after the U.S. Treasury doubled planned long-term bond buybacks on August 19, 2026.

  • Its gain reflects direct exposure to Ethereum, which rallied sharply.
  • Planned buybacks rose from $2 billion to at least $4 billion per operation; lower bond yields improved risk appetite.
  • Renewed institutional ETF demand and short covering amplified the broader cryptocurrency rally.