BITU is trading at $15.49, up 2.03%, on October 1, 2026, as August PCE inflation came in below expectations, easing rate-hike concerns and supporting Bitcoin’s rebound.
- Bitcoin briefly climbed above $85,500 before giving back gains.
- The move comes despite rising Treasury yields and broader equity-market weakness, which may limit Bitcoin’s upside.
- BITU seeks leveraged exposure to Bitcoin, so it can amplify moves in the underlying asset.