BITU is trading at $13.60, down 3.75%, as Bitcoin’s drop below $80,000 reflects weekend crypto weakness and forced liquidations.

  • U.S. spot Bitcoin ETFs saw about $773.5 million in outflows over October 22–23, adding pressure.
  • Traders are cautious ahead of the Federal Reserve decision this week, while Middle East tensions have weighed on risk sentiment.
  • Major U.S. indexes are higher, suggesting crypto-specific weakness rather than a broad equity selloff.