Grayscale Bitcoin Trust ETF is trading at $47.66 (-3.06%) as a $32 million protocol hack and intraday Bitcoin weakness drive broader risk-off sentiment.

  • Bitcoin fell 1.55% intraday, pressuring Grayscale Bitcoin Trust ETF as a direct proxy for BTC exposure.
  • Crypto sentiment weakened after a $32 million Humanity Protocol hack sparked broader risk-off trading across the sector.
  • The move follows a strong June 8 rebound, suggesting profit-taking after yesterday’s Bitcoin-led bounce.