Serenity said it bought BlackRock's IBIT and ETHA as a short-term swing trade, using Bitcoin at $62,000 and Ether at $1,750 as the entry backdrop rather than as a long-term holding. Later on June 4, BlockBeats cited HTX market data showing Bitcoin rebounded above $64,000 and Ether rose above $1,800 as an earlier market decline paused. Serenity also said weaker crypto prices can still weigh on related stocks such as Robinhood (HOOD) and Coinbase (COIN), highlighting the spillover from major digital assets into crypto-linked equities.