Shares of Circle Internet Group soared as much as 235% after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial public offering. The stock opened at $69.00 on the New York Stock Exchange after its IPO priced at $31.

The crypto and stock trading exchange, Robinhood (Nasdaq: HOOD), was the only major crypto stock that registered an uptick today and was trading at $73.44, up 1.66%. The Bank of America analysts recently dubbed Robinhood a “prime candidate” for the upcoming S&P 500 rebalancing and could follow Coinbase's example.