The iShares Ethereum Trust ETF (ETHA) fell 11.35% on June 5, 2026, driven by a sharp decline in Ethereum's price and broader macroeconomic factors. A strong US payroll report pushed Treasury yields higher, increasing the opportunity cost of holding non-yielding assets like Ethereum. Additionally, investors are rotating funds ahead of the SpaceX IPO, expected to absorb significant retail capital, pressuring speculative assets like ETHA. The ETF's future movement depends on the SpaceX IPO reception, Treasury yields, and ETHA fund flows, with $1,500 as a key support level for Ethereum.
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
The FAA has approved SpaceX to resume Starship prototype flights after identifying the cause of a booster failure in May. The next launch, planned for July 16, will be the second flight of the Starship V3 and will carry the first third-generation Sta...
