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The Ethereum Trust ETF (ETHA) Lost 46% of Its Value in 2026, and Friday’s Payroll Print Finished the Work
Key takeaways
- Space X s $22.5 billion retail IPO tranche on June 12 is forcing speculative holders to liquidate ether, with Schwab cash balances at their lowest since 2019.
- ETHA stays under pressure until the 2-year yield retreats below 4% or SpaceX trades clean, with $1,500 as Ethereum s critical support floor.
- It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started.
The Ethereum Trust ETF (ETHA) Lost 46% of Its Value in 2026, and Friday’s Payroll Print Finished the Work Michael Williams Mon, June 8, 2026 at 6:30 PM GMT+7 7 min read SPAX.PVT ETHA ETH-USD Quick Read ETHA is down 47% YTD after a blowout 172,000 payrolls print drove the 2-year Treasury yield to a 16-month high of 4.16%.
Space X s $22.5 billion retail IPO tranche on June 12 is forcing speculative holders to liquidate ether, with Schwab cash balances at their lowest since 2019.
ETHA stays under pressure until the 2-year yield retreats below 4% or SpaceX trades clean, with $1,500 as Ethereum s critical support floor.
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