ETHE is trading at $19.86 (-3.66%) as risk-off sentiment intensified on Saudi attacks and Iran-strike concerns, lifting oil and Treasury yields and weighing on crypto and other risk assets.

  • Spot Ether funds saw $160.9 million in outflows on October 7, including $25.8 million from ETHE.
  • The outflow streak extended to seven sessions.
  • Broad macro pressure was compounded by sector-level selling.