HBTE.NE is trading at CA$12.63, down -3.73%, as Bitcoin-related equities likely weigh on the fund.
- Its concentrated portfolio includes Bitcoin holders, miners and trading businesses such as Strategy, Coinbase and Robinhood.
- Bitcoin was recovering modestly in early trading after hotter-than-expected September CPI triggered a risk-asset selloff. Higher-for-longer rate concerns, AI infrastructure debt exposure and rotation away from technology may also pressure growth-oriented holdings.