🔴 Ether ETF (ETHH-B.TO) is trading 3.3% down today as inflation lifts Fed tightening odds

ETHH-B.TO is trading at CA$11.14, down -3.30%, amid broader crypto selling as inflation concerns increase the likelihood of further Federal Reserve tightening.

• FedWatch showed a 66.4% September rate-hike probability.
• Geopolitical tensions near the Strait of Hormuz lifted oil prices, while Japan’s 10-year yield reached 3%, intensifying global bond-market and risk-asset pressure.
• Ether was recently down approximately 1.6%, confirming sector-wide weakness.