🔴 Bitcoin Leaders ETF (HBTE.NE) is trading 4.15% down as Bitcoin retreats

HBTE.NE is trading at CA$15.00 (-4.15%) as Bitcoin’s softer session and reduced appetite for leveraged high-beta assets pressure the ETF.

• Derivatives positioning and moderated spot-ETF flows reinforced the pullback.
• Broader markets are mixed as investors await Federal Reserve Chair Kevin Warsh’s Jackson Hole guidance.
• The sharply wider US$118.8 billion July goods deficit adds macro uncertainty.