ETHE is trading at $18.19 with a +7.44% gain, extending the August 19 Ethereum-led rally after Treasury increased long-term bond-buyback capacity from $2 billion to at least $4 billion per operation.
- The move eased long-end yield pressure and improved risk appetite.
- Ethereum’s advance was amplified by a crypto short-liquidation cascade, renewed spot-Ethereum ETF inflows, and optimism surrounding proposed digital-asset market legislation.