DAPP is trading 1.6% up today as the ETF rebounds from several days of sharp declines tied to a broad selloff in information technology and digital assets.
- The bounce is supported by early-session stabilization and mildly positive moves in the crypto market, improving sentiment after a significant sector-wide pullback.
- The information technology sector continues to face pressure from rising AI infrastructure and memory costs, alongside fading momentum in high-growth names.
- Given its heavy exposure to both tech and crypto, the ETF is moving in tandem with broader market attempts to recover from recent hardware price hikes and cooling growth expectations.