ETHE is trading at $12.87 (-4.17%) as Ethereum falls 2.81% today amid extreme fear in the broader crypto market.
- The fund is extending a selloff from the prior session, which was initially driven by a tech-led rout spilling into digital assets.
- A decoupling from stronger equity markets suggests crypto-specific liquidation pressure rather than a general market selloff.
- Bitcoin is also down sharply, reflecting a broader risk-off move across the digital asset ecosystem.