ETHE is trading at $20.47, up +4.01%, as Ethereum recovers alongside broader crypto markets.
- Ethereum gained roughly 1.2%–1.6% on September 18 as crypto markets recovered from this week’s selloff and investors reassessed Federal Reserve tightening risks.
- The Bank of Japan’s rate increase was viewed as gradual after a split vote, supporting broader risk appetite.
- Recent heavy Ether ETF outflows remain a headwind; today’s move appears primarily driven by Ethereum recovery and improved macro sentiment.