3 Crypto Stocks Reacting to Debut of Bitcoin ETFs

It's official: Bitcoin (BTC) exchange-traded funds (ETFs) are now here. Both Grayscale Bitcoin Trust (GBTC) and iShares Bitcoin Trust (IBIT) are seeing strong activity on their first day of trading, and drawing attention to crypto-adjacent stocks. Though Coinbase Global Inc (NASDAQ:COIN), MicroStrategy Inc (NASDAQ:MSTR), and also Riot Platforms Inc (NASDAQ:RIOT) initially advanced after this market debut, they have since pivoted lower, succumbing to broad market pressure. COIN Tests Supportive TrendlineCOIN ...