Galaxy Digital Inc. • Robinhood Token vs Circle Internet Group (bStocks Tokenized Stock)

Circle Internet Group (bStocks Tokenized Stock) (CRCLB) is 538.1× the size of Galaxy Digital Inc. • Robinhood Token (GLXY) by market capitalisation. Their daily returns move loosely together (correlation 0.49 across 39 shared trading days). GLXY has been the more volatile of the two, at 130% annualised against CRCLB's 82%.

Correlation: 0.49
Size ratio: 1 : 538.1

Galaxy Digital Inc. • Robinhood TokenGLXY

$14.0500

24h: -12.20%
Market cap: $297,766
Volume 24h: $200,448
Volatility (ann.): 130%

Circle Internet Group (bStocks Tokenized Stock)CRCLB

$75.2400

24h: +0.56%
Market cap: $160.24M
Volume 24h: $41.83M
Volatility (ann.): 82%

GLXY 0.2%Share of the two combined market caps99.8% CRCLB

Performance

GLXYCRCLB

7 days-26.38%-5.56%CRCLB
30 days-44.69%-9.22%CRCLB
90 days—+19.24%—

Correlation

0.49over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	GLXY	CRCLB
Max drawdown (400d)	-49.6%	-31.5%
Risk-adjusted return (90d)	-0.32	0.23

Relative strength over 90 days: CRCLB outperformed GLXY by 31.7% — measured on the GLXY/CRCLB ratio, so it holds regardless of market direction.

Galaxy Digital Inc. • Robinhood Token →Circle Internet Group (bStocks Tokenized Stock) →