The passing of the Genius Act in the US Senate promises to open a new wave of opportunities in the burgeoning cryptocurrency sector. The first of its kind, the bill puts federal guardrails on digital currencies while setting up oversight for stablecoin.
With the passing of the bill, the $240 billion stablecoin market is expected to surge in the coming years with the entry of financial industry titans.
“I think crypto is here to stay and I’d rather have it be American led,” Sen. Mark Warner (D., Va.), who supported the bill, said in an interview.
The bill’s passing comes on the heels of JPMorgan Chase allowing clients to buy cryptocurrency even as CEO Jamie Dimon remains skeptical.
“We are going to allow you to buy it,” Dimon said on Monday of the bank’s annual investor day. “We’re not going to custody it. We’re going to put it in statements for clients.”
Given Dimon’s history of disparaging digital currency and the cryptocurrency industry in general, the decision is a significant step for the biggest US bank and the most recent indication that Bitcoin is making its way into the mainstream of investing.
Morgan Stanley CEO Ted Pick has already reiterated that the investment bank is exploring ways to deepen involvement in the cryptocurrency market. The Federal Reserve has partially followed the Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency in rescinding their anti-crypto recommendations.
Heightened adoption in the mainstream sector and acceptance in the Federal government underscores cryptocurrency and blockchain’s long-term prospects.
With that in mind, let’s look at the 12 Best Cryptocurrency and Blockchain Stocks to Buy.
A close-up of a person’s hands holding cryptocurrency coins.
Our Methodology
To make the list of 12 Best Cryptocurrency and Blockchain Stocks to Buy, we scanned the US equity markets, focusing on companies with exposure to cryptocurrencies and blockchain. We concentrated on stocks with significant year-to-date gains and are popular among elite hedge funds. Finally, we ranked the stocks in ascending order based on hedge fund holdings as of Q1 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
12 Best Cryptocurrency and Blockchain Stocks to Buy
12. IREN Ltd. (NASDAQ:IREN)
Year to date Performance as of June 23: 0.10%
Number of Hedge Fund Holders: 28
IREN Ltd (NASDAQ:IREN) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 10, the company announced plans to offer a $450 million aggregate principal amount of convertible senior notes due 2029. It also plans to provide an additional $50 million in notes if initial purchasers exercise their option.
The company plans to use the net proceeds of the offering to fund the cost of entering into capped call transactions. Part of the funds will also be used to fund the cost of entering prepaid forward transactions. The remainder of the net proceeds will go towards general corporate purposes.
IREN Ltd (NASDAQ:IREN) is a financial services company focusing on Bitcoin mining and AI cloud services, utilizing 100% renewable energy to power its data centers. It builds, owns, and operates data centers, optimizing them for power-dense computing tasks like Bitcoin mining and AI workloads.
11. SAP SE (NYSE:SAP)
Year to date Performance as of June 23: 18.29%
Number of Hedge Fund Holders: 33
SAP SE (NYSE:SAP) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 18, the company confirmed its SAP Business Suite can drive innovation by uniting core business applications, data, and artificial intelligence capabilities. The integrated system optimizes every business aspect, enabling smarter decisions, real-time insights, and intelligent automation.
At the SAP Saphire in 2025, the company touted the key benefits of the suite, which include harmonized SAP Business Suite user experience, seamless end-to-end processes, and structured and guided transformation journeys. The SAP Business Suite’s unified, user-friendly interface makes it simple for users to handle complicated procedures, resulting in a more efficient workflow that can boost productivity.
With intelligent apps for decision-making and action, SAP Business Suite will elevate the experience and assist guarantee that business users’ demands are met. When used in the context of an end-to-end business process, intelligent apps fed by various data products from pertinent business domains can offer business users thorough insight.
SAP SE (NYSE:SAP) is a technology company that leverages blockchain technology to enhance its enterprise resource planning (ERP) systems and other solutions. It also offers blockchain-as-a-service through the SAP Cloud Platform Blockchain, enabling businesses to integrate blockchain with existing systems.
10. WisdomTree, Inc. (NYSE:WT)
Year to date Performance as of June 23: 2.27%
Number of Hedge Fund Holders: 34
Wisdomtree, Inc. (NYSE:WT) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 18, the company introduced the WisdomTree Inflation Plus Fund on the Nasdaq, featuring a 0.65% expense ratio.
WTIP seeks to offer a consistent return at low volatility and drawdown. It will also provide a balanced strategic approach to commodities across various markets. WisdomTree Inflation Plus Fund is designed to outperform in high and low-inflation environments.
WisdomTree will leverage an enhanced long/short commodity strategy to deliver consistent returns with reduced volatility and drawdowns.
“With today’s macroeconomic uncertainty and revised sensitivity to inflation risks, investors need strategies that navigate market regimes and further diversify portfolios. WTIP helps solve for investors expected and unexpected inflation in a single package,” said Jeremy Schwartz, Global Chief Investment Officer at WisdomTree.
Wisdomtree, Inc. (NYSE:WT) is a global financial innovator that provides a diverse range of exchange-traded products (ETPs), models, and solutions, including those related to digital assets. It also offers crypto-related investment products and services.
9. CoreWeave, Inc. (NASDAQ:CRWV)
Year to date Performance as of June 23: 6.31%
Number of Hedge Fund Holders: 36
CoreWeave, Inc. (NASDAQ:CRWV) is one of the 12 best cryptocurrency and blockchain stocks to buy. The company has launched three new AI software products aimed at streamlining development and deployment workflows, announced at the Weights & Biases Fully Connected Conference on June 18. This marks the company’s first major rollout since acquiring the AI developer platform in May 2025.
The new offerings include Mission Control Integration for infrastructure-event tracking, W&B Inference for unified access to open-source models, and W&B Weave Online Evaluations for real-time AI performance analysis. These tools are designed to enhance observability and speed up AI development cycles.
Now available in preview, the products reflect CoreWeave’s growing footprint as a cloud provider for AI workloads. Known as “the AI Hyperscaler,” the company operates data centers across the US and Europe and was recently recognized on the TIME100 and Forbes Cloud 100 lists.
CoreWeave, Inc. (NASDAQ:CRWV) was founded in 2017 with the goal of mining digital assets like Bitcoin to generate revenue and provide mining services for others. It has since pivoted into providing computing for generative AI.
8. Baidu, Inc. (NASDAQ:BIDU)
Year to date Performance as of June 23: 1.11%
Number of Hedge Fund Holders: 56
Baidu, Inc. (NASDAQ:BIDU) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 20, media reports indicated the company plans to launch its Apollo Go Robotaxi service in Singapore and Malaysia.
Reports indicate Baidu’s Apollo Go is in discussions with potential partners to explore the right business for the two markets. Baidu’s Chief Executive Officer has already confirmed they are seeking partners such as mobility service providers and local taxi companies as part of the expansion strategy.
Expansion in the Southeast Asian market comes as Baidu boasts of the largest fleet among the Chinese robotaxi companies, with more than 1,000 cars. It has also announced plans to expand into the Middle East.
Baidu, Inc. (NASDAQ:BIDU) as China’s leading search engine, is involved in blockchain and cryptocurrency technologies, particularly in BaaS (Blockchain as a Service) and DApp (Decentralized Application) development.
7. International Business Machines Corporation (NYSE:IBM)
Year to date Performance as of June 23: 27.75%
Number of Hedge Fund Holders: 57
International Business Machines Corporation (NYSE:IBM) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 20, Wedbush analyst Dan Ives raised the stock price target to $325 from $300. The adjustment comes amid expectations that the company is one of the major beneficiaries of the artificial intelligence revolution.
While the stock has gained significantly year to date, Ives insists there is room for more gains. The company’s expanding AI and cloud initiatives will drive the increase. “We believe IBM is still under-owned and in the early stages of a renaissance of growth with AI the key driver,” Ives said.
Ives has echoed IBM’s $6 billion-plus generative AI book of business as a catalyst that should strengthen the company’s prospects. Additionally, the company supports 70 AI-infused workflows across finance, sales, and marketing areas. The analyst also expects the company’s hybrid cloud and AI architecture to enable continuous innovation.
International Business Machines Corporation (NYSE:IBM) is a technology and consulting company that provides a wide range of solutions focusing on hybrid cloud, AI, and consulting service areas. It also digitizes and automates paperwork across supply chains to enhance the management of documents across organizations and borders.
6. Coinbase Global, Inc. (NASDAQ:COIN)
Year to date Performance as of June 23: 19.89%
Number of Hedge Fund Holders: 66
Coinbase Global, Inc. (NASDAQ:COIN) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 20, the company secured a license from Luxembourg, paving the way for the company to offer cryptocurrency services across the European Union.
The company secured the Markets in Crypto Assets (MiCA) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). It is a significant milestone as MiCA seeks to create a harmonized legal framework across all 27 EU member states. Coinbase becomes the first US crypto exchange to receive the license.
“Coinbase is all in on Europe, and we’re advocating for crypto’s future across the continent,” Coinbase CEO Brian Armstrong told CNBC. “MiCA has set the standard, and Luxembourg is leading the way with its pro-business climate and thoughtful approach to regulation.”
Since 2023, Ireland has been Coinbase’s base for European operations. However, with the new license, it will shift its base to Luxembourg, given the country’s forward-thinking financial hub. The country stands out as it has four blockchain-related policies, while Ireland lacks crypto-specific laws. Nevertheless, the company is still investing in Ireland with plans to add around 50 jobs to its local office.
Coinbase Global, Inc. (NASDAQ:COIN) is a financial services company that offers a range of cryptocurrency products and services tailored for retail investors, institutional clients, businesses, and software developers.
5. Roblox Corporation (NYSE:RBLX)
Year to date Performance as of June 23: 73.5%
Number of Hedge Fund Holders: 68
Roblox Corporation (NYSE:RBLX) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 18, Oppenheimer raised its stock price target to $125 from $80 while reiterating an ‘Outperform’ Rating. The adjustment follows growing confidence that the company has a better solution for user growth and user retention than most game publishers.
Analysts at Oppenheimer are optimistic that the company’s recommendation algorithm will likely give it an edge in the TikTok era, where trends emerge organically. Consequently, they expect Roblox to benefit as studios move toward “a game publisher model,” where they spend more time identifying trends.
In addition, Oppenheimer has cited increasing content velocity and robust technology infrastructure that underscores Roblox’s long-term prospects. The research firm is also optimistic about the company’s sustainable user growth momentum and ad revenue potential. It is also confident about Roblox’s long-term market share gain potential from competing gaming platforms.
Roblox Corporation (NYSE:RBLX) develops and operates a global platform that allows users to create, share, and play games and experiences with each other. It owns a virtual currency called Robux, which is used for in-game purchases and can be converted to real-world currency by developers. It has also explored the potential of blockchain technology and digital assets.
4. CME Group Inc. (NASDAQ:CME)
Year to date Performance as of June 23: 17.79%
Number of Hedge Fund Holders: 73
CME Group Inc. (NASDAQ:CME) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 17, the company announced plans to launch E-Mini S&P BMV IPC Index futures, pending regulatory review.
The new index seeks to offer broad exposure to the Mexican Equity Market in the future. It will track the most liquid stocks listed on the Bolsa Mexicana de Valores (BMV).
“Market participants investing in Latin American equity markets will now have another tool to broaden their trading strategies and potentially benefit from cross-margining with other CME Group benchmark financial products, including equity index, interest rates and FX,” said Paul Woolman, Global Head of Equity Products at CME Group.
Broadening exposure into the Mexican equity market comes on the heels of the CME Group confirming it is on course to launch more cryptocurrency pricing products designed to provide clients with transparent, robust, reliable reference rates. Starting June 23, the company will offer cryptocurrency pricing data via streamlined CME CF Cryptocurrency Pricing Market Data.
CME Group Inc. (NASDAQ:CME) is the world’s leading derivatives marketplace, offering trading, clearing, and data services across major asset classes. It provides cryptocurrency futures with multiple products for cryptocurrency risk management or market expression.
3. Robinhood Markets, Inc. (NASDAQ:HOOD)
Year to date Performance as of June 23: 99.04%
Number of Hedge Fund Holders: 76
Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 18, the company reiterated that it was gearing up for its “To Catch a Token” cryptocurrency event set for June 30 from the French Rivera. The company is inviting participants as it seeks to unlock the future of crypto at its first-ever international and crypto-focused event.
The company has also promised to usher in a new chapter for Robinhood and the crypto sector. The event comes on the heels of the company introducing two new features to enable sophisticated trading capabilities in the mobile app. One of the tools will allow users to simulate returns before placing option trades.
In addition, Robinhood is launching an advanced charting capability on mobile devices borrowed from its desktop trading platform. The new feature will allow traders to take detailed and real-time look at markets while placing orders. The new features are part of an effort to strengthen the crypto business from which Robinhood generates revenues.
Robinhood Markets, Inc. (NASDAQ:HOOD) is a financial services company that provides an electronic trading platform that facilitates trades of stocks, exchange-traded funds, options, index options, futures contracts, outcomes on prediction markets, and cryptocurrency.
2. Micron Technology, Inc. (NASDAQ:MU)
Year to date Performance as of June 23: 41.53%
Number of Hedge Fund Holders: 96
Micron Technology, Inc. (NASDAQ:MU) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 20, Stifel reiterated a ‘Buy’ rating on the stock and a $130 price target. The research firm affirms the bullish rating ahead of the company’s fiscal third-quarter results.
Stifel expects the company to deliver results that exceed guidance and consensus estimates. The firm conviction for solid results stems from Micron Technology’s strong momentum, with revenue reaching $31.32 billion over the last 12 months. In addition, the research firm expects the company to have benefited from the pull forward of PC and home production as manufacturers take advantage of exemptions of higher reciprocal tariffs.
The research firm expects Micron to issue fourth-quarter gross margins higher by 200 to 300 basis points into the upper 30% range. Expectations of a solid fiscal fourth quarter stem from strong DRAM demand, especially for high-capacity DRAM and LPDDR5X. Stifel also expects Micron Technology to benefit from higher pricing.
Micron Technology, Inc. (NASDAQ:MU) is a semiconductor company that produces memory and storage solutions crucial for the performance of blockchain and cryptocurrency technologies.
1. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Year to date Performance as of June 23: 6.31%
Number of Hedge Fund Holders: 97
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the 12 best cryptocurrency and blockchain stocks to buy. On June 17, Microsoft announced it had extended its partnership with the company to design next-generation chips that will go into Xbox consoles.
It is a significant partnership for AMD as it stands to fulfill tens of millions of chip orders over the life of the next-generation console. Additionally, the partnership is poised to last several years and span multiple generations of desktop and portable hardware, providing a reliable revenue stream.
Microsoft has utilized AMD hardware for the last two console generations, beginning with the Xbox One. Despite Nvidia’s dominance in PC GPUs, AMD CPUs and AMD GPUs have proved to be a powerful pairing.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is a semiconductor company that provides hardware and software that power blockchain and cryptocurrency applications. AMD’s technology, particularly its CPUs and GPUs, plays a crucial role in the performance and efficiency of blockchain operations like mining and transaction validation.
While we acknowledge the potential of AMD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMD and that has 100x upside potential, check out our report about this cheapest AI stock.
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