Ether-Linked Stocks Climb as Ether Hits Six-Month High

BitMine Immersion Technologies , BTCS , Bit Digital , and other ether (ETH/USD)-linked equities jumped in premarket activity Friday after the cryptocurrency reached a six-month high.

BitMine Immersion Technologies, which holds ETH as part of its treasury strategy, surged over 8%. Bit Digital climbed more than 2%, and BTCS advanced 10%. SharpLink , which disclosed earlier this week that it holds over 280,706 ETH, rose 2%.

Other crypto-related firms also saw gains, with Circle Internet and Coinbase Global both rose over 1% and 2%, respectively.

US-traded spot ether exchange-traded funds saw combined net inflows of $602 million on Thursday, according to research platform SoSoValue.

ETH gained more than 4% in the past 24 hours and was trading at $3,604 in recent trading Friday.