ETHA is trading 5.1% down today as Ethereum prices slide alongside a broader crypto risk-off move driven by rising bond yields and inflation concerns.
- Sentiment is under pressure following reports that Harvard’s endowment exited its Ethereum position after just one quarter, raising concerns about institutional commitment to the asset class.
- The news has triggered additional de-risking in Ethereum-linked products as investors react to the combination of macroeconomic headwinds and negative institutional headlines.