🔴 Equity Digital Assets ETF (WGMI) is trading 1.55% down today as Treasury yields pressure tech stocks

WGMI is trading at $49.02, down -1.55%, as rising Treasury yields pressure high-growth technology valuations.

• Strong September PMI data showed U.S. business activity accelerating to a 58.4 composite reading, intensifying expectations for prolonged restrictive Federal Reserve policy.
• The 10-year Treasury yield rose above 5.1%, its highest level since 2007.
• The broader Nasdaq fell roughly 0.85%, indicating a sector-wide risk-off move rather than an isolated WGMI event.