🔴 Bitcoin ETF (FBTC.TO) is trading 3.59% down after Kevin Warsh’s Jackson Hole inflation remarks

FBTC.TO is trading at CA$35.17, down -3.59%, after Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole speech emphasized persistent inflation and offered limited forward guidance.

• Bitcoin fell 1.85% after the address, directly weighing on FBTC.TO.
• Broader equities were only modestly lower, suggesting the ETF’s sharper decline was primarily driven by Bitcoin-specific macro sensitivity rather than a broad equity selloff.