NODE is trading 3.4% down today as continued weakness in digital assets offsets a recovery in the fund's information technology components.
- While easing bond yields and a broader equity market rebound are lifting traditional tech stocks, the ETF's cryptocurrency-linked holdings remain under significant pressure.
- Lingering concerns over AI-related valuations and infrastructure spending continue to weigh on the hybrid fund's performance.
- The move comes as the ETF's heavy IT exposure stabilizes following a sharp two-day tech sector sell-off.