NODE is trading 3.9% lower today as the fund faces dual pressure from a broad technology selloff and a downturn in the digital asset market.
- The ETF's information technology sleeve is tracking a sector-wide decline following a multi-day selloff in AI and semiconductor stocks, driven by rotation out of crowded names and macro-driven growth valuation concerns.
- Continued weakness in major cryptocurrencies like Bitcoin and Ethereum has triggered a plunge in sentiment, dragging down digital-asset-linked equities and contributing to the fund's decline versus last week's levels.