ETHV is trading at $37.70, down 4.17%, as Ethereum weakness drives crypto-market selling.

  • ETH fell below $2,600 overnight as leveraged positions were liquidated across crypto markets.
  • Spot Ether ETFs saw $202 million in net outflows on October 6, extending the outflow streak to six sessions and adding pressure to demand.
  • U.S. futures are lower ahead of the FOMC minutes; ETH’s larger decline suggests crypto-specific selling is the primary catalyst.