🔴 Bitcoin ETF (EBTC.XA) is trading 3% down as Bitcoin fell about 1.5% on October 12

EBTC.XA is trading at A$11.25, with a -3.02% change as Bitcoin weakness weighed on crypto markets.

• EBTC tracks physical Bitcoin, which fell about 1.5% on October 12 as crypto markets weakened.
• Higher oil prices, a stronger U.S. dollar, caution ahead of the September CPI report, and crypto liquidations added risk-off pressure and selling.
• Recent U.S. spot Bitcoin ETF outflows may have weighed on sentiment, but are broader market context rather than confirmed EBTC.XA-specific flows.