🔴 Digital Asset Mining ETF (WGMI) is trading 1.72% down in pre-market as tech weakness pressures miners

WGMI is trading at $38.37, down 1.72% in pre-market amid overnight weakness in technology and risk-sensitive assets.

• U.S. Nasdaq futures were down 0.44%, while Asian markets sold off sharply, led by chip stocks amid doubts about AI investment returns and Chinese competition.
• Bitcoin also weakened as the technology selloff pressured appetite for speculative assets, adding a crypto-linked headwind for miners.
• Today’s NFIB data, Fed speakers, and existing-home sales remain upcoming catalysts.