🔴 BITX is trading 3.78% down in pre-market as Bitcoin falls below $80,000

BITX is trading at $17.54, down 3.78% in pre-market amid broader crypto weakness after Bitcoin fell below $80,000.

• Bitcoin weakened amid risk-off sentiment ahead of the Federal Reserve meeting and concerns about AI-related market weakness.
• U.S.-listed spot Bitcoin ETFs recorded $772.4 million in outflows Thursday and Friday, adding pressure to crypto markets.
• The move appears tied to broader crypto weakness, not a BITX-specific announcement; Bitcoin was also lower overnight.