🟢 Trading--Miscellaneous ETF (BITU) is trading 2.41% up in pre-market as Bitcoin rebounded above $79,000

BITU is trading at $13.96, up 2.41% from the September 8 close as Bitcoin rebounded above $79,000 overnight after the prior session’s selloff.

• Renewed crypto exchange-traded product interest supported recovery; oil-driven inflation concerns and elevated September Federal Reserve hike expectations limited broader risk appetite.
• Equity futures were mixed, while Bitcoin and Ethereum gained overnight; Bitcoin was about 1% higher at 02:15 ET on September 9.
• The rebound partially retraces BITU’s 3.61% September 8 decline.