BITX is trading 3.95% down at $17.51, tracking Bitcoin weakness after it fell below $80,000.
- Bloomberg linked Bitcoin’s decline to caution ahead of the Federal Reserve meeting and tech earnings, amid concerns about AI-related investment and risk appetite.
- Investors withdrew $772.4 million from U.S.-listed spot Bitcoin ETFs Thursday and Friday.
- Major U.S. indexes were modestly higher; no BITX-specific catalyst or trading-volume data was identified.