🔴 Ethereum ETF (ETHV) is trading 3.4% down in pre-market as spot-ETF redemptions persist

ETHV is trading at $33.75 (-3.41%) as leveraged long liquidations and persistent spot-ETF redemptions weigh on Ethereum.

• The postponed Glamsterdam testnet upgrade and caution ahead of the Federal Reserve decision added pressure; overnight reporting also cited Ethereum Foundation token sales.
• Broader U.S. index futures were higher, suggesting crypto-specific weakness rather than a general premarket equity decline.