iShares Ethereum Trust ETF is trading at $12.70 (+6.95%) as Ethereum rebounds from last week's selloff and spot ETF inflows return.
- The recovery follows a broader crypto-market rebound after Fridayβs risk-asset selloff, which was triggered by a stronger-than-expected jobs report and rising interest rate expectations.
- Sentiment is improving as the fund benefits from a return of spot Ethereum ETF inflows, reversing recent outflow pressure.
- As a fund designed to track the price of ether, the move reflects broader crypto-market repricing rather than fund-specific developments.