BITX is trading up 5.25% at $21.16, tracking Bitcoin’s overnight strength and renewed crypto-market optimism.
- Bitcoin rose 3% to $86,650.4 in early Friday trading.
- Citi raised its 12-month Bitcoin target to $113,000 from $82,000, citing returning ETF demand.
- Broader U.S. markets are also higher, and no BITX-specific catalyst was identified.