Four years after going public, on May 19, 2025, Coinbase Global Inc. (ticker: COIN) was officially included in the S&P 500 Index. In response to this news, Coinbase's stock price surged by 10% in after-hours trading. Dan Dolev, Senior Payment Analyst at Mizuho, an American investment bank, remarked, "This is a sign of the times, indicating that crypto stocks are being integrated into the mainstream."

The Surge of Crypto-Related Stocks: A Comprehensive Review of 45 Listed Crypto Companies

Recent trends in the U.S. stock market, such as Antalpha's debut with a 70% increase on its first day of trading, triggering a circuit breaker, and Galaxy Digital's (GLXY) direct listing on the Nasdaq after restructuring, have highlighted a new trend: crypto stocks are becoming a unique "crypto hotspot." Traditional market investors are beginning to pay attention to companies in the crypto industry, while cryptocurrency enthusiasts are viewing the price movements of crypto stocks as one of the indicators of market changes.

Exchanges and Platforms (6 Companies)

Coinbase Global Inc. (COIN)

• Listing Date: April 14, 2021

• Exchange: NASDAQ

• Ticker Symbol: COIN

• Monthly Increase: 28.83%

Coinbase is a familiar name in the crypto community. Founded in 2012 and headquartered in San Francisco, Coinbase serves over 120 million users across more than 100 countries. The platform supports the trading of multiple crypto assets and offers both retail and institutional services, including Coinbase Custody and Prime, with over $200 billion in assets under management. Coinbase holds licenses in multiple U.S. states and continues to deepen its involvement in public blockchain infrastructure, payments, and other crypto-related areas. On May 19, 2025, Coinbase became the first crypto-related stock to be included in the S&P 500 Index.

Robinhood Markets, Inc. (HOOD)

• Listing Date: July 29, 2021

• Exchange: NASDAQ

• Ticker Symbol: HOOD

• Recent Weekly Increase: 13%

Founded in 2013 and headquartered in California, Robinhood went public in 2021. The company launched its cryptocurrency trading service in 2018, allowing users to buy, sell, and hold digital assets such as Bitcoin and Ethereum without paying commissions.

Block, Inc. (SQ)

• Listing Date: November 19, 2015

• Exchange: NYSE

• Ticker Symbol: SQ

Block (formerly Square) was founded in 2009, headquartered in San Francisco, and went public in 2015. Focusing on payment and crypto services, Block's Cash App supports Bitcoin trading and storage. The company promotes financial inclusion through peer-to-peer payments and blockchain technology, such as the decentralized platform TBD, serving small and medium-sized enterprises and individual users globally. Block invests in Bitcoin mining and hardware wallet development, leading in technological innovation.

Bakkt Holdings Inc. (BKKT)

• Listing Date: October 18, 2021

• Exchange: NYSE

• Ticker Symbol: BKKT

Supported by the Intercontinental Exchange (ICE), Bakkt was founded in 2018 and went public through a SPAC in 2021. Focusing on institutional-grade digital asset services, Bakkt offers Bitcoin futures, spot trading, and crypto payment solutions. The company collaborates with Starbucks and Mastercard to promote the use of cryptocurrencies in retail scenarios. Bakkt's custody services are renowned for their high security and compliance, serving banks and institutional investors.

OSL Group Ltd

• Listing Date: April 27, 2012

• Exchange: HKEX

• Ticker Symbol: 0863

OSL is a leading digital asset platform in Hong Kong, founded in 2018 and licensed by the Hong Kong Securities and Futures Commission for virtual asset services. Offering brokerage, trading, and custody services with over $5 billion in assets under management, OSL focuses on the Asian market, serving institutional and high-net-worth clients with guaranteed compliance. The company enhances its competitiveness through API technology and secure storage solutions.

eToro Group Ltd (ETOR)

• Listing Date: May 15, 2025

• Exchange: NASDAQ

• Ticker Symbol: ETOR

Founded in 2007 in Israel, eToro is a social trading platform that went public on NASDAQ on May 15, 2025. Its "copy trading" feature allows users to mimic professional traders, attracting over 30 million users globally. eToro supports trading of mainstream cryptocurrencies such as Bitcoin and Ethereum, as well as a diversified range of assets including stocks and ETFs. The platform lowers the barrier to crypto investment through its user-friendly interface and community-driven model.

Crypto Mining-Related Companies (24 Companies)

Bit Digital Inc. (BTBT)

• Listing Date: March 19, 2018

• Exchange: NASDAQ

• Ticker Symbol: BTBT

• Monthly Increase: 27.32%

Founded in 2015 and headquartered in New York, Bit Digital went public in 2018 and is a leader in the Bitcoin mining sector. Operating green energy mining farms in North America and Asia, the company reduces costs through renewable energy sources such as hydropower and ranks among the top in hash rate. Its AI computing services expansion, such as GPU leasing, brings new revenue streams.

Bitfarms Ltd (BITF)

• Listing Date: June 21, 2021

• Exchange: NASDAQ

• Ticker Symbol: BITF

A Canadian Bitcoin mining giant, Bitfarms was founded in 2017 and operates mining farms in North and South America. Utilizing low-cost hydropower and wind energy, the company optimizes mining efficiency and ranks among the top in hash rate. Its modular data center design enhances operational flexibility.

Cipher Mining Inc. (CIFR)

• Listing Date: August 30, 2021

• Exchange: NASDAQ

• Ticker Symbol: CIFR

• Monthly Increase: 32.63%

Cipher Mining was founded in 2020, headquartered in New York, and went public through a SPAC in 2021. Focusing on Bitcoin mining in the United States, the company operates large-scale mining farms in Texas and Ohio, using efficient ASIC miners and low-cost energy to optimize profitability.

CleanSpark Inc. (CLSK)

• Listing Date: January 24, 2020

• Exchange: NASDAQ

• Ticker Symbol: CLSK

• Monthly Increase: 18.73%

Founded in 2014 and headquartered in the United States, CleanSpark focuses on green Bitcoin mining, operating 100% renewable energy mining farms in Georgia and Nevada. Its energy management software optimizes electricity usage and reduces costs.

Core Scientific Inc. (CORZ)

• Listing Date: January 20, 2022

• Exchange: NASDAQ

• Ticker Symbol: CORZ

• Monthly Increase: 34.81%

Core Scientific is a leading U.S. blockchain infrastructure company, founded in 2017 and went public in 2022. Operating the largest-scale mining facilities in North America, the company offers Bitcoin mining and hosting services to both institutional and retail miners. Its AI computing business, such as GPU clusters, is rapidly expanding, diversifying its revenue streams.

HIVE Digital Technologies Ltd (HIVE)

• Listing Date: 2017

• Exchange: NASDAQ

• Ticker Symbol: HIVE

• Monthly Increase: 23.8%

Founded in 2017 and headquartered in Canada, HIVE went public in 2017. The company operates Bitcoin and Ethereum mining farms with facilities in Canada, Sweden, and Iceland. HIVE uses green energy and combines high-performance computing (HPC) services for AI and blockchain clients. By diversifying its mining strategies across different cryptocurrencies, HIVE plans to expand its data center network in the future.

Hut 8 Corp (HUT)

• Listing Date: March 2018 (TSX)

• Exchange: NASDAQ/TSX

• Ticker Symbol: HUT

• Monthly Increase: 36.72%

Hut 8 is a pioneer in Canadian mining and energy infrastructure, founded in 2011 and went public in 2018. Operating mining farms in North America, Hut 8 integrates energy management and AI computing to develop efficient mining facilities. The company expands its business through mergers.