Global X 21Shares Ethereum ETF is trading at A$2.34 (-3.3%) as a broader crypto selloff and shifting risk sentiment weigh on digital asset markets.
- Ethereum has declined 3.34% over the past 24 hours, driving the fund lower as market appetite for speculative assets weakens.
- Persistent outflows from crypto-linked ETFs and broader tech sector softness are reinforcing a defensive rotation among investors.