- Strive (ASST.US) surges 10%+ in crypto stock rally.
- Bitcoin hits $74,883 USD, up 4.0% on April 14.
- Fear & Greed Index at 21 signals extreme fear.
Dubai, April 14, 2026
Crypto stock rally propelled Strive (ASST.US) over 10% higher today. It leads gains across U.S. cryptocurrency-linked equities. Bitcoin climbed 4.0% to $74,883 USD, according to CoinGecko data.
Crypto Stock Rally Key Drivers
Strive Asset Management's ASST.US topped performers with its double-digit gain. Investors piled into crypto-tied U.S. stocks amid price rebounds. Coinbase (COIN.US) rose 8.2%. Marathon Digital (MARA.US) climbed 12.1%, per CoinGecko data.
Ethereum surged 5.5% to $2,343.31 USD, per CoinGecko Ethereum page. Binance Coin advanced 2.8% to $620.18 USD. XRP gained 2.2% to $1.37 USD.
USDT stablecoin held steady at $1.00 USD. It anchors portfolios during market swings.
Bitcoin and Ethereum Rebound Fuels Optimism
Bitcoin's 4.0% advance to $74,883 USD sparked equity optimism. Ethereum outperformed with 5.5% gains.
The Fear & Greed Index dropped to 21, signaling extreme fear, according to Alternative.me. Low readings historically precede crypto rebounds. Gulf sovereign wealth funds closely monitor these shifts for diversification strategies.
Gulf Sovereign Wealth Funds Target Crypto Equities
Saudi Arabia's Public Investment Fund (PIF) builds extensive tech portfolios under Vision 2030. PIF manages over SAR 4 trillion ($1.07 trillion USD) in assets, as per its 2025 annual report. It deploys billions into global innovation, including U.S. tech and AI.
UAE's Mubadala Investment Company invests in high-growth sectors like semiconductors and fintech. Abu Dhabi Investment Authority (ADIA) allocates to alternatives with $993 billion USD under management, per its latest disclosures. Qatar Investment Authority (QIA) explores digital assets actively.
Strive's 10% surge highlights crypto stocks' high beta to Bitcoin movements. Gulf funds seek uncorrelated returns beyond traditional oil revenues. They balance Vision 2030 mandates with global market exposure.
Vision 2030 Links to Digital Assets Expansion
PIF funds major U.S. markets alongside NEOM and Qiddiya megaprojects. Mubadala backs fintech hubs in Abu Dhabi Global Market (ADGM).
UAE regulators issue crypto licenses through Dubai's VARA and ADGM's FSRA frameworks. Saudi Arabia advances fintech via SAMA's regulatory sandboxes. SAMA licensed over 50 firms since 2024.
Gulf mandates target 10-20% allocations to alternatives. Crypto equities provide liquidity, regulatory clarity, and significant upside potential. Funds prioritize liquid proxies over direct holdings.
Contrarian Opportunities in Extreme Fear
Fear & Greed Index at 21 tempers short-term gains. Yet Bitcoin tests $75,000 USD resistance levels.
Ethereum's rise signals rising DeFi activity. Gulf funds apply dollar-cost averaging strategies on dips. They balance risk with long-term growth amid oil price volatility.
Regulatory risks persist. U.S. policy shifts under new SEC guidelines impact crypto stocks, as detailed in CoinDesk coverage.
Outlook for Sustained Crypto Stock Rally
PIF's upcoming quarterly results may reveal allocation shifts toward crypto weighting. Mubadala's recent $10 billion USD tech fund includes digital asset exposure.
Bitcoin's momentum toward $80,000 USD could extend the rally. Gulf funds conduct rigorous due diligence while seizing market opportunities. They integrate crypto stocks into diversified portfolios.
Strive ASST's performance validates strategic bets in this crypto stock rally. Portfolio rebalancing now favors momentum plays amid rebound signals. Gulf investors position for sustained upside.
