Global X 21Shares Bitcoin ETF is trading 3% down today at $8.40, reflecting a broader risk-off shift in digital assets and weakness in the underlying Bitcoin price.
- The decline follows a roughly 3% drop in Bitcoin and a retreat in Ethereum as investors pull back from riskier assets.
- Market sentiment is being pressured by heightened geopolitical tensions and renewed concerns regarding U.S. monetary policy and upcoming inflation data.
- The ETF closed at $8.40, down from its previous close of $8.66.