Grayscale Bitcoin Trust ETF is trading at $50.93 (+3.22%) as global markets react to an overnight U.S.-Iran peace agreement and the reopening of the Strait of Hormuz.
- The geopolitical breakthrough has eased immediate inflation and energy-risk concerns, fueling a broad risk-on session for U.S. futures and growth stocks.
- The crypto market is participating in the rally, with Bitcoin up 3.05% and Ethereum gaining 3.22%.
- The move in crypto-linked assets is consistent with the wider market tone rather than fund-specific headlines.