ETHX-B.TO is trading at CA$12.69 (+4.27%) as markets absorb the Federal Reserve’s widely anticipated 25-basis-point hike.

  • Falling oil prices are easing inflation and rate concerns; Ethereum is up 1.62% over 24 hours.
  • Broader crypto strength and short-position liquidations are amplifying the move, while the Bank of Japan’s gradual 25-basis-point hike supported global risk sentiment.
  • The move appears primarily macro and sector-wide rather than ETF-specific. Spot Ethereum ETF flows remain negative, including a reported $39.24 million latest net outflow, so fund inflows are unlikely to explain today’s gain.