The price of Aptos stock (
$APT ) touched $5.27 before stabilizing near $5.00 after the Bitwise update to the exchange-traded fund.
The market capitalization of Aptos (APT) stock has risen to $3.22 billion, with trading volume increasing by over 75%.
Aptos stock (
#APT ) rose today by over 7%, briefly reaching a high of $5.27 before retreating slightly to $5.00. This upward momentum coincides with Bitwise's adjustment to the exchange-traded fund, which incorporates in-kind redemption mechanisms, a move designed to enhance tax efficiency and increase the likelihood of regulatory approvals.