🔴 Equity Digital Assets ETF (DAPP) is trading 3.02% down in pre-market as tech futures decline

DAPP is trading 3.02% down in pre-market as rising borrowing costs pressure technology stocks.

• Nasdaq futures declined 1.30%, while S&P 500 futures fell 0.67%; DAPP has an information-technology-heavy portfolio.
• The U.S. 10-year yield reached 4.78%, and Japan’s 10-year yield touched 3% for the first time since 1996.
• Renewed U.S.-Iran tensions and higher oil prices are adding inflation and risk-off pressure as investors await JOLTS and manufacturing PMI data.