The token began the day at $18.26 and climbed to $27.56 after the announcement from Binance, according to data from Messari.
Lower support near $34,000 could stabilize the pullback into the weekend.
Analysts see the cryptocurrency's price as remaining range-bound.
The market is holding that price floor well as large investors return.
“After this eight-day rally, bitcoin may well need to reset,” one analyst said.
Users can now open USDC positions and stake CVI USDC through the index.
Lower support is seen around $34,000-$36,000, which is the middle of a two-month range.
Analysts expect bitcoin to pause at around $40K before its next leg up.
Data underscores that It’s not that easy to win over a crypto trader’s heart.
Even while pressure mounts to taper its asset purchases, the central bank will continue its accommodative quantitative easing.
The GBTC shares traded at a discount of 6.6% to net asset value (NAV) on Tuesday, the smallest margin since June 22.