🔴 Ethereum ETF (ETHE) is trading 5.78% down as ETH weakness pressures the ETF

ETHE is trading at $18.30 (-5.78%) as Ethereum weakness and a sharp risk-off session pressure the ether-linked ETF.

• ETH is down 3.98%. Investors are reassessing crypto-regulation uncertainty after Democrats took both chambers of Congress, while inflation and rate concerns add pressure.
• Broad equity selling deepened risk aversion, though reports also noted $9.7 million of ETHE inflows on November 4, a counterpoint to outflow concerns.