Recently, cryptocurrency concept stocks in the US stock market have gained popularity again, driven by the continued warming of Bitcoin spot ETFs.

That said, why are cryptocurrency concept stocks in the US stock market receiving so much attention? This involves the valuation logic of the stock market towards the cryptocurrency industry. Traditional financial markets often assess a company's value by analyzing financial statements, user data, etc. For cryptocurrency concept stocks, in addition to these fundamentals, there is also additional attention on their held cryptocurrency assets and participation in DeFi projects.

I have a friend who previously invested heavily in a cryptocurrency concept stock, as he was attracted to the company's layout in blockchain technology. Not long after, this stock multiplied several times due to the rise in Bitcoin prices. Of course, investing in cryptocurrency concept stocks also carries risks, as the volatility of the cryptocurrency market is notoriously high. Therefore, before entering the market, it is essential to conduct thorough research and avoid blindly following trends!