State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs Hut 8 Corp — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.8, while Hut 8 Corp trades at $94.65 (market cap $11.60B). Which is the better fit depends on your goals.
| FLRN | HUT | |
|---|---|---|
Sector | Sector/Thematic | Technology |
52-Week High | $30.86 | $133.02 |
52-Week Low | $30.65 | $19.45 |
Market Cap | — | $11.60B |
Enterprise Value | — | $11.86B |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
HUT trades at $96.3, down 2.06% on the day, with a bearish technical signal despite bullish moving averages. The company reported a net loss of $226.15M on $235.12M revenue in 2025, with negative margins, but beat EPS expectations in two of the last three quarters. Recent news highlights its pivot to AI infrastructure, securing $16.8B in contracted revenue and $4.25B in investment-grade financing for data center projects.
The outlook is mixed: strong analyst consensus (93.75% buy ratings) and a $138.89 price target suggest upside, but persistent losses, high valuation ratios, and execution risks in the competitive AI infrastructure space pose significant challenges. The stock's near-term direction hinges on Q2 2026 earnings results and successful scaling of new projects.
Trailing returns across standard periods
Latest headlines on both assets
FLRN invests in U.S. dollar-denominated investment-grade floating rate notes with maturities under five years. It provides exposure to corporate and supranational debt whose interest payments adjust with market rates, helping to mitigate interest rate risk.
Read more on FLRN →Hut 8 is one of North America's largest digital asset miners and infrastructure providers. It operates diversified data centers supporting Bitcoin mining and high-performance computing (HPC) for AI.
Read more on HUT →