🔴 Bitcoin ETF (EBTC.XA) is trading 3.2% down after Bitcoin’s pullback prompts profit-taking

EBTC.XA is trading at A$10.55, down -3.21% as Bitcoin weakened 0.51%, prompting profit-taking after its strong multi-session rally.

• The broader crypto advance was supported by approximately $1.92 billion in weekly U.S. spot Bitcoin ETF inflows, the strongest in ten months.
• Near-term caution ahead of Nvidia’s August 26 earnings and the Jackson Hole Symposium is pressuring risk-sensitive assets.
• The move appears sector-specific rather than broad-market driven, with major equity indexes broadly flat.