BITU is trading at $13.06, down 5.2% from the September 14 close of $13.78 as Bitcoin weakened overnight.
- Bitcoin was reported near $76,927.99, down 1.58%, pressuring the leveraged Bitcoin ETF.
- Investor caution is increasing ahead of the Senate’s scheduled 2:15 p.m. ET procedural vote on the CLARITY Act, which requires 60 votes to advance.
- The scheduled Empire State Manufacturing Index is a secondary macro event.