ETHA is trading at $52.16, with a -3.56% change, as ether weakness and broad crypto-market selling pressure the fund.
- The Ethereum Foundation’s sale of 2,785 ETH, worth about $6.42 million, added near-term selling pressure.
- Confidence also faces the postponed Glamsterdam upgrade and reports of sustained ether-fund outflows.
- Major U.S. equity indexes are higher. Rising yields and Fed uncertainty may weigh on risk appetite, though sources differ on whether yields were a direct trigger.