Coinbase's stock price soared 44% in June, making it the best performer in the S&P 500.

Odaily News Coinbase Global's stock price has risen approximately 44% cumulatively in June 2025, making it the best-performing stock in the S&P 500 index this month. Since being included in the index in May, index funds such as SPDR S&P 500 Trust and Vanguard S&P 500 ETF have continued to buy its shares. The stock has risen for the third consecutive month since the low on April 8, and it reached a historic high this week since its IPO in 2021, reflecting the market's optimism about its earnings growth prospects and the momentum of digital asset development. Despite Coinbase's stock price soaring 44% this month, Devin Ryan, head of fintech research at Citigroup, still believes there is room for further rise in its stock price. He pointed out that the market has not yet fully recognized the close partnership between Coinbase and Circle Internet Group—Circle's stock price has surged over 500% since going public on the NYSE on June 5. (CNBC)