🔴 GBTC is trading 3.0% down today as Bitcoin falls and Treasury yields rise

GBTC is trading at $59.58 (-3.0%) as Bitcoin and Ethereum trade lower in pre-market, pressuring the crypto-linked ETF.

• Broader risk assets are under pressure with U.S. stock futures trading lower.
• Rising Treasury yields are further reinforcing the move lower across risk-sensitive sectors.