Crypto Stocks Crush Bitcoin: 119% YTD Surge Leaves BTC in the Dust

Crypto equities are mooning while Bitcoin plays catch-up—again. Here's why traditional finance is scrambling to keep up.

The numbers don't lie

When publicly traded crypto companies outperform the asset they're built on by 119% in six months, even Wall Street dinosaurs start paying attention. Meanwhile, Bitcoin maximalists are left staring at charts like confused apes.

Institutional FOMO meets regulatory theater

Banks that spent years dismissing crypto now can't buy fast enough—just don't ask about their 'blockchain not Bitcoin' phase. Meanwhile, the SEC still hasn't figured out whether these stocks are securities, commodities, or financial unicorns.

Wake-up call: When crypto stocks double Bitcoin's returns, maybe the real disruption was the friends we made along the way (and the hedge fund managers quietly rebalancing their portfolios).

The impressive growth contrasts sharply with Bitcoin, which saw a modest gain of less than 15% during the same period.

10x Research noted that the growth of crypto equities signals Wall Street’s increasing interest in the emerging industry due to the favorable regulatory environment in the US.

Considering this, the analysts concluded:

“While 2024 was defined by Bitcoin ETF inflows, 2025 is shaping up to be the year of crypto equities. This includes not only the wave of IPOs expected to follow Circle’s momentum, but also already-listed crypto-related stocks—from miners, to diversified firms like Coinbase and Galaxy, to treasury-heavy companies such as MicroStrategy and Metaplanet.”