(BITQ)

Publicly traded companies in the United States are stepping ahead of exchange-traded funds (ETFs) in acquiring Bitcoin, continuing a trend that has gained momentum over the past nine months.

The crypto rally has fizzled out lately, even as other risk-on assets like stocks have surged to new highs.

Traders were likely taking the opportunity to lock in profit after a strong recent spell for the token.

The world's largest token rallied on Tuesday after Israel and Iran agreed to a cease-fire.

More than a dozen small and micro-cap companies in London have adopted bitcoin treasury strategies, holding the cryptocurrency as a balance sheet asset. The trend, which began in the US with MicroStra...

The token clearly isn't benefiting from heightened geopolitical uncertainty—it has dropped about 5% since Israel attacked Iran.

Cryptos have been drifting amid macroeconomic uncertainty, an escalating conflict in the Middle East, and a looming U.S. tariff deadline.

Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau.  Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.

BITQ offers exposure to bitcoin-related equities, but introduces additional operational and business risks compared to direct bitcoin investment. The ETF is highly concentrated, with top holdings like...