BITU is trading at $15.17, down 2.38%, as Treasury yields pressure Bitcoin.
- Bitcoin remains pressured near $84,000 after retreating from approximately $87,000.
- The U.S. 10-year Treasury yield reached 5.20% during September 25 trading, reinforcing expectations for restrictive Federal Reserve policy and reducing appetite for speculative assets.
- Major U.S. equity indexes were modestly higher. BITU’s leveraged Bitcoin exposure likely amplifies the cryptocurrency’s weakness.