🔴 Digital Assets ETF (ETHV) is trading 3.43% down as Middle East tensions pressure crypto

ETHV is trading at $35.15, down 3.43%, as renewed Middle East tensions weigh on crypto and risk appetite.

• Reports of tanker damage near the Strait of Hormuz drove oil higher, with Brent crude rising about 3% to roughly $112 per barrel.
• Ethereum and other cryptocurrencies sold off alongside weaker global markets; reports specifically linked renewed regional tensions to pressure on Ethereum.
• ETHV’s decline appears to reflect the broad crypto and risk-off move rather than a fund-specific catalyst.