🟢 GBTC is trading 3.3% up today as Bitcoin and Ethereum rally following softer CPI data

GBTC is trading at $49.79 (+3.26%) as Bitcoin and Ethereum both rally, lifting the fund’s underlying crypto exposure and improving sentiment across digital assets.

• The move aligns with a broader risk-on tone in markets following softer-than-expected June CPI data and a calmer interest rate backdrop.
• Crypto ETFs are currently trading in lockstep with the broader asset class rather than on any GBTC-specific headlines.