On September 2, iShares Bitcoin Trust declined 3.2% in regular trading, trading at $43.295/share, with turnover of $17.85 billion. The drop tracks Bitcoin's broader retreat from the $81,000 level toward the $77,000-$79,000 range amid a confluence of macro headwinds.

The primary catalyst is Fed Chair Wosh's hawkish speech at Jackson Hole, where he emphasized inflation remains well above target — with annualized core PCE running at 4.1% over six months — and explicitly abandoned forward guidance. Markets repriced aggressively, with the probability of a September rate hike surging from 35% to roughly 60%, pushing the dollar and Treasury yields higher while hammering risk assets. Bitcoin plunged from above $81,000 to approximately $76,000 in the immediate aftermath, triggering $4.88 billion in derivatives liquidations within 24 hours.

Compounding the pressure, U.S. spot Bitcoin ETFs saw $202 million in net outflows on Friday, ending a nine-day inflow streak that had accumulated over $3 billion. Meanwhile, escalating U.S.-Iran tensions pushed Brent crude above $92, further dampening risk appetite. Analysts note that $75,000-$76,000 represents the next critical support zone, with BTC short-term holder cost basis around $70,000.

The iShares Bitcoin Trust seeks to reflect generally the performance of the price of bitcoin.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)