ETHE is trading at $19.28, down 3.60%, as risk-sensitive markets turned defensive amid renewed Middle East tensions and rising oil prices.
- Brent crude rose toward $112 a barrel as investors reassessed technology earnings and AI spending concerns.
- Ether was reported down 3.6% in a broader crypto selloff that also weighed on Bitcoin.
- Persistent spot-Ether ETF outflows may add pressure, but are not confirmed as the specific driver of ETHE’s move.