🔴 Equity Digital Assets ETF (WGMI) is trading 4.34% down today as semiconductor stocks tumble

WGMI is trading at $43.01 (-4.34%) as the Philadelphia Semiconductor Index fell about 5% and memory, storage, and AI-infrastructure stocks declined sharply.

• The move extends the August 18 technology-sector selloff.
• Higher long-term Treasury yields, oil near $91 per barrel, and renewed U.S.-Iran tensions are pressuring richly valued growth stocks.
• Investors await the 14:00 ET FOMC Minutes, increasing rate sensitivity across information technology.