Bitcoin-related stocks and funds experienced a surge on Tuesday, with the cryptocurrency’s price surpassing $57,000 to reach its highest level since November 2021’s record high.
Rising Stocks and Funds
- Coinbase Global Inc. (COIN): Shares rose by 2.5% to approximately $198.91.
- MicroStrategy Inc. (MSTR): Stock saw an 11% increase to $884.32.
Spot Bitcoin ETFs
- iShares Bitcoin Trust IBIT: Increased by 5.5% to $32.84.
- Grayscale Bitcoin Trust GBTC: Rose by 5.3% to $51.20.
- ARK 21Shares Bitcoin ETF ARKB: Climbed 5.3% to $57.42.
- VanEck Bitcoin Trust HODL: Saw a 5.5% increase to $65.12.
Bitcoin Funds Performance
- Fidelity Wise Origin Bitcoin Fund FBTC: Gained 5.2% to $50.19.
- WisdomTree Bitcoin Fund BTCW: Added 5.2% to $61.03.
- Franklin Bitcoin ETF EZBC: Advanced 5.5% to $33.40.
- Valkyrie Bitcoin Fund BRRR: Rose 5.2% to $16.26.
Other ETF Performances
- Bitwise Bitcoin ETF BITB: Climbed 4.8% to $31.18.
- Invesco Galaxy Bitcoin ETF BTCO: Advanced 5% to $57.27.
Bitcoin Miners
Bitcoin miners displayed mixed performance on Tuesday:
- Marathon Digital Holdings Inc. (MARA): Rose by 3.6% to $30.19.
- Ebang International Holdings Inc. (EBON): Dipped 0.1% to $10.44.
- Riot Platforms Inc. (RIOT): Fell by 3.3% to $16.80.
Stay tuned for further updates on the dynamic Bitcoin market!
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