ETHX-B.TO is trading at CA$12.55, down 3.54%, as Ether ETF outflows reinforce selling pressure.

  • Escalating Middle East tensions and higher oil prices are deepening risk aversion, while rising Treasury yields add pressure to crypto assets.
  • Ether was reported down about 3% as Bitcoin and other cryptocurrencies also weakened.
  • U.S. spot Ether ETFs recorded $160.9 million in outflows on October 7, extending their outflow streak to seven sessions.