🔴 Bitcoin ETF (BITU) is trading 5% down in pre-market as spot Bitcoin ETF outflows weigh

BITU is trading at $11.53 (-5.02%) as heavy U.S. spot Bitcoin ETF outflows and concerns about tougher U.S. crypto regulation weigh on demand.

• Bitcoin fell below $75,000, briefly touching a low near $73,700, while broader crypto markets also weakened.
• The crypto selloff is diverging from firmer U.S. equity futures; no major U.S. economic indicators are scheduled before the open.