ETHA is trading at $56.73, up +3.01%, as major cryptocurrencies rebound; short covering was also cited as a contributor.
- U.S. spot Ether ETFs recorded $26.12 million in net outflows on October 20, including $33 million from ETHA.
- Reports point to a crypto-market bounce—not positive ETHA fund flows—as the clearest explanation for the gain.