dYdX Chain Moves to Full Production Trading, Jito Announces Airdrop

U.S. stock indices are relatively flat today, with the SPY and QQQ both declining less than 0.10%, as the DXY (-0.38%) continues retreating, falling below $103. In contrast, crypto assets are rallying sharply, with BTC (+2.37%) trading above $38k and ETH (+1.78%) rising above $2,060. GBTC (+4.76%) has been one of the most popular trades over the past year as its discount to NAV has shrunk from over 40% to 8.76%. As the bulk of the discount has compressed, capital may be beginning to rotate out of GBTC and into other crypto-related names, as Bitcoin miners MARA and RIOT are outperforming today, rising 8.07% and 5.11%, respectively.