Global X 21Shares Ethereum ETF is trading at A$2.33 (-3.72%) as ether weakness and broader crypto risk-off sentiment weigh on the fund.

  • The ETF is closely tracking the underlying ETH decline over the past 24 hours, with Ethereum notably underperforming Bitcoin.
  • Broader market conditions are contributing to the selloff, as Nasdaq futures trade lower and investor risk appetite fades across speculative assets.