🔴 Ethereum ETF (ETHV) is trading 3.04% down as ether's drop below $2,600 weighs

ETHV is trading at $36.38 (-3.04%) as ether weakness and spot ETF outflows weigh on the fund.

• Ether fell below $2,600. U.S. spot Ether ETFs recorded $160.9 million in net outflows on October 7, extending the streak to seven trading days.
• Broader risk aversion amid escalating regional tensions, rising oil prices, and high Treasury yields is pressuring risk assets; major U.S. indexes were lower on October 8.