🔴 Bitcoin ETF (FBTC.TO) is trading 3.8% down as Bitcoin falls 3.09%

FBTC.TO is trading at CA$35.25, with a -3.76% change, as Bitcoin’s decline weighs directly on the Bitcoin-holding ETF.

• Bitcoin was down 3.09% and Ethereum 3.98%.
• After the Democratic midterm sweep, investors reassessed AI regulation and data-center risks; broad equity losses and higher inflation concerns pressured risk assets.
• Election-related uncertainty over future U.S. crypto regulation may have weighed on sentiment. FBTC.TO previously closed at CA$36.74 on November 4.