🔴 Ethereum ETF (EETH.XA) is trading 3.6% down today as investors reduce risk ahead of Fed decision

EETH.XA is trading 3.6% down today as investors reduce risk ahead of the Federal Reserve’s September 16 policy decision.

• Rising Treasury yields, persistent inflation concerns, and Brent crude above $107 have increased expectations of tighter policy, weighing on rate-sensitive cryptocurrencies.
• Ethereum’s decline and comparable weakness in U.S.-listed ether ETFs support a sector-wide explanation rather than an EETH.XA-specific issue.
• Geopolitical supply disruptions and elevated yields are reinforcing defensive positioning across crypto markets.