🔴 FBTC.TO is trading 3.2% down today on weak U.S. GDP and elevated inflation data

FBTC.TO is trading 3.2% down today as Bitcoin prices fall following weaker-than-expected U.S. GDP growth and persistent PCE inflation.

• The decline reflects broader sector-wide pressure on cryptocurrencies rather than fund-specific issues, with Bitcoin dropping over 2%.
• Investor sentiment toward digital assets has cooled as macro data and a hawkish Federal Reserve tone drive a shift away from risk assets.