U.S. Stocks Close Higher as Crypto Stocks Surge, HOOD +10.35%
The post U.S. Stocks Close Higher as Crypto Stocks Surge, HOOD +10.35% appeared on BitcoinEthereumNews.com.
U.S. stocks closed the session with crypto-linked sectors rising across the board, led by Robinhood Markets (HOOD), which jumped more than 10.35% at the close. The broad rally in crypto-exposed equities followed a wave of product announcements from Robinhood that included tokenized stock trading for European customers and a U.S. staking launch for Ethereum and Solana. Crypto-Linked Stocks Closed in Positive Territory Across the Board The end-of-day session saw crypto-related names finish firmly in the green. According to unconfirmed reports, the gains were not confined to a single ticker but spread across the broader basket of U.S.-listed companies with significant crypto exposure. The sector-wide strength stood out against the backdrop of an Extreme Fear reading of 23 on the crypto Fear and Greed Index, suggesting that equity investors were pricing in optimism around crypto infrastructure even as digital asset sentiment remained cautious. Robinhood’s outsized move accounted for a significant portion of the day’s momentum. But the breadth of the advance, touching multiple crypto-linked names, indicated that institutional and retail interest in the sector was not limited to one company’s headlines. Robinhood (HOOD) Surged to an All-Time High After a Crypto Product Blitz HOOD was the standout performer. CNBC reported that Robinhood stock climbed nearly 13% to an all-time high on June 30, 2025, after the company rolled out tokenized shares of OpenAI and SpaceX to users in Europe as part of a broader crypto push. Robinhood Share Move nearly 13%Robinhood shares climbed nearly 13% to an all-time high after the June 30, 2025 crypto and tokenization rollout in Europe. Source: CNBC The catalyst was a sweeping set of announcements. Robinhood said eligible European customers would gain access to more than 200 U.S. stock and ETF tokens, tradable around the clock, five days a week. The tokens would initially be issued…
Filed under: News - @ April 15, 2026 1:28 am