In this article, we will discuss 7 Best Crypto Exchange Stocks to Buy Following Bitcoin’s Recovery.
The next chapter of the digital asset revolution may not be written by Bitcoin itself but may be written by the exchanges that trade it. That’s the increasingly urgent thesis behind crypto exchange stocks, a category attracting serious attention from institutional desks and macro-oriented funds repositioning ahead of what could be the most consequential crypto market cycle since 2020. And unlike direct token exposure, this is not a speculative bet on a single asset. It’s an infrastructure play where rising volumes, regulatory clarity, and mainstream adoption converge to create a leverage effect on the underlying recovery.
The investment case is being driven by momentum with structural legs. Bitcoin’s resurgence past key price thresholds has historically triggered a cascading effect across the broader digital asset ecosystem by lifting altcoin volumes, reigniting retail participation, and drawing institutional capital back into the space. Crypto exchanges sit at the center of all of it, collecting fees on every trade regardless of direction. Data from Grand View Research projects the global cryptocurrency exchange market to grow from approximately $35 billion in 2024 at a CAGR of over 11% through 2030, powered by expanding retail access, the proliferation of spot Bitcoin ETFs, and deepening institutional product demand. Separately, analysis highlighted by PR Newswire points to accelerating platform innovation from derivatives and staking products to tokenized real-world assets, as exchanges broaden their revenue bases well beyond simple spot trading.
At the same time, the regulatory environment is undergoing a pivotal shift. Clearer frameworks emerging across the United States and Europe are reducing the compliance overhang that suppressed valuations through the 2022–2023 bear cycle, while simultaneously raising the barrier to entry for smaller, unregulated competitors. For listed exchange operators with established compliance infrastructure and brand trust, this is a meaningful and durable competitive advantage that the market has not yet fully priced in.
With this context in mind, here are some crypto exchange stocks to buy following Bitcoin’s recovery.
Our Methodology
We used stock screeners to identify crypto exchange stocks with a short percentage of shares outstanding of less than 4%. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds. To make the list easier to navigate, we ranked the stocks in descending order of their short percentage of shares outstanding as of May 29, 2026.
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. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
7 Best Crypto Exchange Stocks to Buy Following Bitcoin’s Recovery
7. Greenidge Generation Holdings Inc. (NASDAQ:GREE)
Short Percentage of Shares Outstanding: 3.98%
On May 18, Greenidge Generation Holdings Inc. (NASDAQ:GREE) reported Q1 revenue of $20.8 million, compared to $19.2 million for the same quarter last year. CEO Jordan Kovler highlighted the company’s continued progress in executing its strategy to transform Greenidge into a power infrastructure and AI/high-performance computing (HPC) data center platform. The company received a proposed NYSEG Interconnection Agreement for 60MW of non-curtailable power at its Dresden facility, a significant step toward supporting future data center development. In addition, Greenidge submitted a 250MW load study request in Mississippi, expanding the long-term growth potential of its power asset portfolio and strengthening its ability to meet increasing demand for reliable energy capacity.
On May 15, Greenidge Generation Holdings Inc. (NASDAQ:GREE) filed a $200M mixed securities shelf registration, providing the company with additional financial flexibility to access capital markets and support future strategic initiatives, infrastructure investments, and growth opportunities as they arise.
Founded in 2014 and headquartered in Dresden, New York, Greenidge Generation Holdings Inc. (NASDAQ:GREE) is a vertically integrated power generation and data center company. It owns and operates dedicated facilities where it utilizes its own electricity generation to power Bitcoin mining operations and provide hosting services for third-party mining equipment.
6. Robinhood Markets, Inc. (NASDAQ:HOOD)
Short Percentage of Shares Outstanding: 3.82%
On June 17, Deutsche Bank raised its price target on Robinhood Markets, Inc. (NASDAQ:HOOD) to $105 from $103 and maintained a Buy rating on the shares following the company’s announcement that it would reduce its workforce by 10%. According to the firm, management emphasized that the decision was made from a position of strength rather than weakness, noting that June’s month-to-date average daily trading volumes had reached record levels across equities, options, and prediction markets. Deutsche Bank believes the strong activity trends demonstrate continued momentum in customer engagement and platform usage.
Earlier, on June 10, Goldman Sachs analyst James Yaro increased the firm’s price target on Robinhood Markets, Inc. (NASDAQ:HOOD) to $108 from $105 while reiterating a Buy rating. The upgrade followed stronger-than-expected operating metrics for May, highlighted by record prediction market volume of 3.9 billion contracts, representing a 22% increase from April and significantly exceeding the firm’s forecasts. Goldman Sachs also noted that equity trading volume rose 27% month-over-month, while options trading volume increased 3%, reaching the second-highest monthly levels in the company’s history and underscoring robust user activity across the platform.
Founded in 2013 and headquartered in Menlo Park, California, Robinhood Markets, Inc. (NASDAQ:HOOD) is a financial technology company that operates a commission-free investing platform accessible through mobile and web applications. The company enables users to trade stocks, exchange-traded funds (ETFs), options, cryptocurrencies, and other financial products.
While we acknowledge the potential of HOOD as an investment, 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 HOOD and that has 100x upside potential, check out our report about the cheapest AI stock.
Click to continue reading and see the 5 Best Crypto Exchange Stocks to Buy Following Bitcoin’s Recovery.
Disclosure: None. Follow Insider Monkey on Google News.
