
Yueqi Yang|Aug 08, 2025 13:35
The hottest trade this summer -- crypto treasury stocks -- is starting show signs of cooling.
Their premiums to underlying crypto holdings have come down broadly, in some cases going into negative.
Still, it's too early to tell if it's peaked, or just a summer lull.
Citadel, the hedge fund by Ken Griffin, is among big investors actively looking at investing in such stocks, according to sources. 1/2(Yueqi Yang)
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