🟢 Bitcoin ETF (FBTC.TO) is trading 3.44% up as Bitcoin rebounds above $78,000

FBTC.TO is trading at CA$37.03, up 3.44%, as Bitcoin rebounded above $78,000 after an election-night dip below $76,000.

• The rebound followed initial election-result jitters; midterm uncertainty eased as traders bought the recovery.
• Major U.S. indexes were sharply higher in a broader risk-on session, likely adding support to the crypto-linked ETF.
• Reports also point to traders unwinding hedges and renewed bullish options activity.