🔴 BITX is trading 2% down in pre-market as Bitcoin falls below $84,000

BITX is trading 2.01% down at $19.04 in pre-market on October 8, after falling 5.22% to $19.43 at the October 7 close as Bitcoin declined.

• No new BITX-specific announcement surfaced; the leveraged Bitcoin ETF is exposed to the underlying cryptocurrency’s decline.
• Bitcoin fell below $84,000 amid higher oil prices, rising Treasury yields and geopolitical concerns over the Strait of Hormuz, reflecting broader macro and crypto weakness rather than a company-specific catalyst.