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As Billions Of Dollars Flowed Into Bitcoin ETFs, Crypto Stocks Like MicroStrategy, Coinbase Got Left Behind In The Dust

Published by
Benzinga

Stocks that offer investors exposure to Bitcoin (CRYPTO: BTC) have experienced a downturn following the apex cryptocurrency’s price drop to levels below $41,000, despite initial enthusiasm surrounding the introduction of spot crypto exchange-traded funds (ETFs) in the United States. Companies holding significant Bitcoin assets, including MicroStrategy Inc (NASDAQ:MSTR) and Coinbase Inc (NASDAQ:COIN), have seen their stock prices fall over the last month. These equities provide a way for investors to gain exposure to cryptocurrencies without direct investment in such digital assets. However, wi…

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