ETHE is trading at $19.43 (+3.74%) in pre-market, extending the digital-asset rally after Ethereum and Bitcoin surged on August 20.
- Larger Treasury bond buybacks improved liquidity expectations, while renewed optimism around the CLARITY Act strengthened crypto sentiment.
- Strong institutional Ethereum ETF demand and widespread short liquidations also supported sentiment.
- Ethereum spot ETFs reportedly attracted $189.15 million in one session, supporting continued pre-market strength.