SK Hynix Tokenised bStocks Up on Pro-Crypto Regulatory Signals

SK Hynix Tokenised bStocks (SKHYB) is up 0.51% to $163.58, moving in line with a broader crypto market rally. The modest gain appears primarily driven by macro-driven beta, as the tokenised stock followed Bitcoin’s positive momentum amid favourable regulatory and Treasury developments.

Positive price movement was supported by macro-driven beta, as SKHYB tracked Bitcoin’s 0.38% gain, fueled by a weakening dollar and pro-crypto regulatory signals from Washington.

SKHYB’s slight rise mirrors Bitcoin’s positive move. The broader rally was triggered by a U.S. Treasury announcement to double long-term debt purchases, which weakened the dollar and boosted alternative assets.