Crypto shares jumped on Wednesday. GameSquare, BitMine up over 6%; SBET up over 5%; MARA, Circle up over 3%; Coinbase up over 2%.

MARA Holdings reported second-quarter revenue of $238.5 million, beating analyst estimates of $218.45 million, according to Benzinga Pro. The Bitcoin mining company reported second-quarter earnings of $1.84 per share, beating analyst estimates of 69 cents per share.

Total revenue was up 64% year-over-year. MARA Holdings' energized hash rate increased 82% year-over-year to 57.4 EH/s in the second quarter. The company noted that it remains on track to reach its year-end target of 75 EH/s.

U.S. banking giant JPMorgan on Wednesday partnered with Coinbase to allow customers to fund their wallets using its Chase credit cards and buy cryptocurrency on the exchange starting in fall 2025.

Once viewed warily by traditional financial institutions, the digital assets industry has gained enough traction among consumers and investors that large banks are now entering the space.