🔴 Bitcoin ETF (BTCC-B.TO) is trading 3.1% down as stronger US jobs data lifted rate-hike expectations

BTCC-B.TO is trading at CA$14.84, down -3.07% after August payrolls significantly exceeded forecasts, lifting expectations for a September Federal Reserve rate hike and pressuring risk assets.

• Bitcoin fell below US$80,000.
• Elevated oil prices intensified inflation and interest-rate concerns.
• The move appears macro-driven rather than specific to Purpose ETF operations.