CoinShares Bitcoin Mining ETF is trading 2.9% down today as the information technology-heavy, AI-related growth space sells off after fresh U.S. CPI data reinforced concerns about sticky inflation and higher-for-longer rates.
- Rising Treasury yields and weakness in key AI leaders like NVIDIA are pressuring high-beta tech and digital-asset-related names.
- The ETF is extending recent volatility despite broadly stable prices in the underlying cryptocurrency market.