Shares of SoFi are trading higher Thursday morning, continuing a 14% monthly climb supported by new institutional position disclosures, crypto settlement infrastructure updates and solid second-quarter results reported late last month.

SoFi Technologies stock rose more than 3% Tuesday, extending a rally above key trend lines and outperforming a flat financial sector.

Shares of SoFi are trading higher Thursday morning, continuing a 14% monthly climb supported by new institutional position disclosures, crypto settlement infrastructure updates…