Shares of companies holding significant Ethereum reserves exhibited divergent trends in the U.S. equity market.
BTCS led the gainers, surging more than 13% during the session. This robust increase reflects heightened investor confidence in the company.
BTCT also recorded positive movement, advancing over 4%. The company’s Ethereum holdings were a noted factor in its performance.
In contrast, GameSquare faced significant downward pressure, declining by more than 30%.
The mixed results highlight the varying investor sentiment towards different entities associated with Ethereum reserve strategies.