ETHA is trading 4.1% higher as investors treat the Federal Reserve’s widely anticipated September 16 rate hike as a relief event.
- Ethereum gained roughly 1.2%–1.6% on September 18, tracking the broader recovery.
- Recent ETHA redemptions included a reported $42.86 million outflow on September 17.
- Continued institutional demand across BlackRock’s crypto ETFs provides additional support but appears secondary to the market-wide crypto rebound.