iShares Bitcoin Trust ETF is trading 4.5% down today as Bitcoin hits multi-month lows, pressured by persistent spot ETF outflows and fragile sentiment around digital assets.
- The decline follows record outflows from Bitcoin ETFs and a broader risk-off environment triggered by tech sector weakness and geopolitical tensions.
- Investors are increasingly rotating away from high-risk assets like crypto and tech toward safer or value-oriented alternatives as market uncertainty persists.