IB1T.L is trading at £5.77, down 4.65%, amid fallout from Binance’s reported $6.3 billion security breach, which triggered crypto-market selling.
- The selling pushed Bitcoin to a six-week low. Binance later resumed some withdrawals, but confidence concerns persisted.
- Bitcoin had recovered modestly, so the quoted ETF decline may reflect the earlier selloff rather than a fresh November 2 move. Trading was closed at the stated time.