BITO is trading at $10.90, down -3.37%, as Bitcoin reversed from near $85,000 alongside weaker U.S. futures and risk appetite. - Renewed Middle East tensions and higher oil prices added pressure to risk-sensitive assets. - Mixed megacap results fueled fresh doubts about AI spending, weighing on markets overnight. - Weekly U.S. jobless claims are due at 8:30 a.m. ET; no release was available at alert time.