🔴 ETHV is trading 3.33% down today on Ethereum weakness and broader crypto selloff

ETHV is trading at $25.29 (-3.33%), driven primarily by the decline in Ethereum and broader weakness across the cryptocurrency markets.

• The ETF tracks Ether’s spot price almost one-for-one, reflecting the downward move in the underlying asset during the latest session.
• Sentiment is also being pressured by a softer risk tone in equities, with the S&P 500 and Nasdaq both trading lower.
• Investors are currently maintaining a cautious stance as they await the release of the FOMC Minutes later today.