HBTE.NE is trading at CA$13.61, down 4.49% as crypto selling pressures its Bitcoin-linked holdings.
- The ETF holds Bitcoin-linked companies, including miners and trading platforms, leaving it exposed to crypto weakness. Bitcoin and other digital assets faced selling pressure amid leveraged liquidations, fund outflows and uncertainty ahead of U.S. inflation data.
- Broader risk aversion likely added pressure as Asian technology shares slumped amid renewed AI-sector concerns, weighing on appetite for speculative assets.