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Bitcoin(CRYPTO: BTC) price staged a strong comeback after spending the past few months inside a narrow range. It jumped to $79,500, its highest level since May 15 this year. This rebound coincided with the crypto market comeback and as ETFs hitting a crucial milestone.

As of 7/31/2026, the Fund’s weightings in the securities discussed in this commentary were: spot bitcoin ETP 10.50%, TeraWulf (WULF) 6.05%, IREN 4.62%, Figure Technology Solutions (FIGR) 4.11%, Applied Digital (APLD) 3.84%, Riot Platforms (RIOT) 3.02%, Block (XYZ) 2.15%, Aker ASA (AKER) 2.01%, spot ethereum ETP 1.04%, and Sea Ltd (SE) 0.00% following its exit…