🔴 Ethereum ETF (ETHE) is trading 3.03% down as hotter September CPI renewed rate concerns

ETHE is trading at $19.49 with a -3.03% change, as hotter September CPI renewed concerns that the Fed may keep rates higher for longer.

• Headline inflation reached 3.7% year over year, versus 3.6% expected; Treasury yields rose as markets reacted.
• Ethereum fell 1.79%, likely contributing to ETHE’s decline. Broad U.S. equities were also lower, while the Dow was nearly unchanged.