ETHX-B.TO is trading at CA$12.11, down 3.51%, as Ethereum weakened alongside broader digital assets ahead of the Federal Reserve’s September policy meeting.
- Ethereum fell toward $2,480.37 in early trading; reports linked the decline to institutional risk reduction, higher Treasury yields, a firmer U.S. dollar and inflation concerns.
- These conditions reduce liquidity and disproportionately weigh on high-beta crypto assets.
- The move is best explained by macro-driven crypto-sector weakness rather than an ETHX-B-specific event; Bitcoin and Ethereum were both reported lower on September 15.