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Crypto Stocks MicroStrategy, Coinbase and Marathon Post Just Modest Gains as Bitcoin Eyes Record High

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Tom Carreras is a markets reporter for CoinDesk. He holds BTC, ETH and SOL above CoinDesk's disclosure threshold of $1,000.

The top cryptocurrency benefited from $417 million in spot ETF inflows on Monday.rise to new multi-month highs near the $72,000 level and within short range of its March record of $73,700 is providing just a modest boost to most of the crypto-related stocks during U.S. morning trading hours on Tuesday.by the U.S.-based spot ETFs taking in $417 million in inflows on Monday, per Farside Investors data.

Perhaps having discounted some of the bitcoin rally with strong gains over recent days, crypto stocks for the most part aren't posting major advances thus far on Tuesday. Most notably, MicroStrategy – which has vastly outperformed bitcoin prices in recent months – is up just 0.9% for the session. Crypto exchange Coinbase is up 1.2%. Checking miners, MARA Holdings is ahead 1.4%, Riot Platforms 3% and Hut 8 3%.

 

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