🟢 iShares Bitcoin Trust ETF is trading 4.44% up today driven by a risk-on rally following reports of a U.S.-Iran peace agreement and lower oil prices

iShares Bitcoin Trust ETF is trading at $37.64 (+4.44%) as reports of a tentative U.S.-Iran peace agreement and the reopening of the Strait of Hormuz ease global inflation and energy-supply concerns.

• The upward move is being reinforced by a broader risk-on environment, including lower crude prices and strength in Nasdaq futures.
• The rally coincides with a wider rebound across the crypto market, with Bitcoin and Ethereum gaining approximately 3.05% and 3.22% respectively.