🟢 FETH is trading 3.09% up as Ethereum rebounds on short covering

FETH is trading at $24.99 (+3.09%) as Ethereum’s rebound appears supported by short covering and buyers defending support.

• ETF outflows eased, but flows remained negative overall.
• Fidelity’s FETH recorded $3.63 million in inflows for October 20.
• The move points to broader crypto-market strength; no direct company catalyst was identified.