ETHE is trading at $19.00 (+3.36%) as Ethereum prices recovered from recent lows, with bargain buying supporting the rebound.
- Reduced election uncertainty lifted broader risk appetite, while the Democratic sweep also raised concerns about crypto regulation.
- U.S. spot Ether ETFs recorded $85.3 million in net outflows on November 3, the seventh straight session of withdrawals, offsetting some support.
- Broad U.S. equity gains were consistent with improved risk sentiment.