ETHE is trading at $15.93 (+6.06%) tracking a stronger Ethereum tape, helped by renewed spot ETF inflows and improved sentiment around the asset class.
- Market commentary points to the SEC settling its Ethereum investigation on July 26, which removed a significant regulatory overhang and supported buying into crypto-linked products.
- The move is consistent with a broader risk-on pre-market tone, with higher futures and lower oil prices easing pressure on both equities and digital assets.