U.S. stocks rebound as crypto ETF holdings rise; SUI and BCH rally

  • Major U.S. indexes rebounded as technology shares strengthened and energy prices declined.
  • The Nasdaq rose 2.06%, while spot Bitcoin ETF holdings increased by approximately 5,890 BTC.
  • SUI gained 36%, and BCH advanced 29% amid developments involving futures and a spot ETF.

U.S. stocks ended a losing streak last week as technology shares strengthened and energy prices fell sharply. The S&P 500, Nasdaq and Dow Jones Industrial Average rose 1.21%, 2.06% and 0.28%, respectively. The 10-year U.S. Treasury yield climbed to 5.17% amid strong commercial activity and higher inflation expectations, while spot gold fell 2.13% to $4,284.97 an ounce. Crypto allocations increased, with spot Bitcoin ETF holdings rising by about 5,890 BTC and spot Ethereum ETF holdings increasing by about 9,486 ETH. SUI gained 36% on its confidential-finance roadmap, while BCH rose 29% amid CME's plan to launch futures and Grayscale's application for a spot ETF.

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