Crypto-linked stocks climbed Friday as Bitcoin (BTC-USD) and other major digital assets showed signs of stabilizing, potentially signaling the end of the recent sell-off.

Bitcoin was on track for a roughly 9% weekly gain, while Ethereum (ETH-USD) appeared set to rise about 11%. Analysts said the uptick comes amid growing optimism over a clearer regulatory environment in the U.S.

On March 11, the Securities and Exchange Commission and the Commodity Futures Trading Commission reported a memorandum of understanding to coordinate efforts in developing a fit-for-purpose regulatory framework for crypto assets and emerging technologies. The move follows inflows of $619 million into cryptocurrency investment products last week.

Brett Munster of…