ETHX-B.TO is trading at CA$11.81, with a -3.43% change, as Ethereum weakens alongside broader crypto markets amid global macro concerns.

  • The U.S.–Iran conflict has lifted oil and inflation fears.
  • Japan’s 10-year yield reached 3%, intensifying the global bond selloff and rate-pressure concerns.
  • Ethereum faced technical resistance and position unwinding; broader risk pressures better explain the decline than an ETF-specific catalyst.