Bitcoin Miners Marathon Digital, Riot Platforms Are Rising: What’s Going On?

Crypto mining stocks including Marathon Digital Holdings Inc MARA and Riot Platforms Inc RIOT are trading higher Tuesday as the price of Bitcoin BTC/USD continues to move higher on spot ETF optimism. 

What To Know: Bitcoin is up more than 12% over the last 24 hours and approximately 21.5% over the last week on continued momentum surrounding a potential spot ETF, which is expected to increase demand and liquidity in the crypto space.

BlackRock and several other large financial firms recently made changes to their submissions for spot Bitcoin ETFs. BlackRock’s iShares Bitcoin Trust is now featured on the Depository Trust and Clearing Corporation (DTCC) website and…

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