BITX is trading 2.7% down in after-hours trading at $16.03 as Bitcoin weakened ahead of the September 16, 2026 Federal Reserve decision and Senate CLARITY Act vote.
- Rising Treasury yields and 25-basis-point rate-hike expectations are pressuring leveraged cryptocurrency exposure.
- Reuters reported an 85% probability of a hike, while long-term bond yields approached 5%, increasing competition for capital.
- Crypto trading remained cautious and relatively muted before the Fed announcement; broader risk sentiment was weak.