🔴 Equity Digital Assets ETF (NODE) is trading 3.5% down today after August PPI rise

NODE is trading at $39.66, down 3.48%, as August PPI rose 0.4% month over month and 5.4% year over year, reinforcing higher-rate concerns and pressuring growth-oriented technology assets.

• The decline is amplified by geopolitical risk and Brent crude above $100.
• Information technology and broader equities are weakening; the Nasdaq is down 0.79% and the S&P 500 is down 0.67%. NODE’s technology exposure heightens sensitivity to rising yields and weaker cryptocurrency sentiment.