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Marathon Digital Holdings, Inc. MARA and Riot Platforms, Inc. RIOT shares are trading higher Friday as Bitcoin BTC/USD topped the $30,000 mark for the first time since August.
The Details:
Shares of MARA are up by more than 5%, and RIOT shares are up nearly 4% Friday as excitement surrounding the potential approval of a spot Bitcoin ETF approval builds.
Bitcoin is trading just under $30,000 after breaching the mark and reaching $30,024.42 earlier Friday.
Earlier this week, Blackrock and Fidelity made amendments to their spot Bitcoin ETF filings, and Grayscale submitted an S-3 filing on similar approval pursuits.
Both Marathon Digital and Riot Platforms have significant short…
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