Crypto Stocks Take Wall Street by Storm! eToro Soars 30% on Debut, Antalpha Rockets 70% Triggering Halts!
TradingKey – Antalpha (ANTA) and eToro (ETOR) surged on their first trading day, signaling strong investor appetite for crypto-linked stocks.
On Wednesday (May 14), two cryptocurrency companies made explosive debuts on the Nasdaq. Antalpha (ANTA) skyrocketed 73%, triggering a trading halt due to volatility, while eToro (ETOR) jumped 29%.
Antalpha specializes in liquidity and risk management solutions for institutional Bitcoin miners and is a key lending partner of Bitmain, the world’s leading mining hardware manufacturer. eToro, an Israel-based platform founded in 2007, offers crypto and stock trading services.
The U.S. stock market now hosts a growing roster of crypto-focused firms, including Coinbase (COIN), Strategy (MSTR), Robinhood (HOOD), Marathon Digital (MARA), and Riot Platforms (RIOT), spanning exchanges, mining, and investment sectors. Notably, Coinbase joined the S&P 500 on May 12, with the change taking effect pre-market on May 19.
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