Global X 21Shares Ethereum ETF is trading 3.0% down today amid a broader pullback in major cryptocurrencies and macro uncertainty regarding inflation and interest rates.
- The ETF closed at $2.25 versus $2.32 in the prior session, tracking the spot price of Ethereum as digital assets face renewed selling pressure.
- Geopolitical tensions and volatility in global risk assets have contributed to the decline, with Ethereum itself falling roughly 2–3% over the last 24 hours.
- The move reflects a wider shift toward risk-off sentiment as investors weigh the impact of interest rate trajectories on speculative assets.