LFGY offers a high 20.91% yield by selling options on volatile crypto-related assets, providing weekly income for investors. The ETF is heavily concentrated in crypto and tech stocks, with limited diversification and strong correlation to Bitcoin's price movements. LFGY's strategy is attractive in uncertain or sideways crypto markets, offering downside protection and income versus direct crypto exposure.
HOOD is expanding into Canada with its deal to acquire WonderFi, aiming to boost its global crypto presence and tap into a fast-growing market.
The day has finally arrived for those hoping to get in on shares of crypto and stock trading firm eToro Group Ltd. The fintech company is holing its initial public offering, with its shares expected to begin trading on the Nasdaq Wednesday after a monthslong delay.
eToro is going public on May 14th, offering a unique social investing platform with a heavy reliance on cryptocurrencies for revenue. Despite a challenging 2023, eToro saw 225% revenue growth in 2024, with a significant turnaround to $192 million in net income. At $50 per share, ETOR's IPO is oversubscribed, valuing the company at $4 billion, but it remains highly dependent on volatile crypto markets.
Coinbase's Q1 2025 results were mixed, with revenue at $2.03 billion and EPS missing estimates by 87%, but the market reaction was neutral. Subscription and services revenue, a key highlight, grew to $698.1 million, representing 34% of total revenue, showcasing resilience against crypto market volatility. Institutional trading volume dominated, but retail trading powered revenue, indicating strong retail sentiment for Q2 and potential transaction revenue uplift.
“If the stock market rally continues, other quality companies that had put their IPO plans on hold are likely to follow,” one expert says.
The company agreed to acquire Deribit, a push into the highly profitable crypto derivatives market and a move meant to bolster its global growth.
Robinhood Markets, Inc. reported in Q1 2025; that a crypto boost to revenue was missing as I predicted in March. I think there are new growth stories on the table for this one. I'm expecting the company to continue monetizing its customer base as it carves itself a permanent position as a trading platform. New product rollouts, including Robinhood Strategies, Cortex AI, and Robinhood Banking, diversify offerings and position Robinhood as a comprehensive financial services platform.
Coinbase: Fear Of A Crypto Bear Market Overblown; Strong Buy
As part of VettaFi's 2025 Exchange conference, a wide variety of panels were held to cover the most pressing financial topics. The state of play for the crypto industry was one such topic.
In the flight to safe haven assets as U.S. tariffs took hold, digital assets proved a notable beneficiary. For investors turning to opportunities in crypto as U.S. outlooks deteriorate, CoinShares offers two different ETF approaches to the bitcoin ecosystem.
Bitcoin is having yet another moment, rebounding significantly from early April and market crash lows. Investors worried about missing out on potential future gains with the risk appetite for volatility would do well to consider the CoinShares Valkyrie Bitcoin Fund (BRRR).