Only Circle and Galaxy Digital Show Profits, as eToro Drops 40% — TradingView News
Investor excitement around cryptocurrency IPOs in 2025 has faced some harsh market realities. Despite a wave of public listings from major crypto firms, only Circle Internet Financial and Galaxy Digital have delivered gains since their initial public offerings, according to Protos.com data.
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Other entries, such as eToro, Bullish, and Gemini, have seen their stock prices fall significantly, challenging the early optimism surrounding these offerings.
Rare Gains in a Crowded IPO Market
The surge of cryptocurrency companies going public this year has not guaranteed profits. Circle Internet Financial (NYSE: CRCL) and Galaxy Digital (NASDAQ: GLXY) remain the exceptions, each climbing roughly 63%…
