Crypto Stocks Outshine Bitcoin ETFs: Analysts Identify Top Performers

TD Cowen analysts have released a report highlighting three crypto-based stocks that could potentially outperform Bitcoin ETFs in 2026.

The stocks in question are Nakamoto, SharpLink Gaming, and Strive, which offer a unique strategy compared to traditional ETFs. Not only do they hold cryptocurrency assets, but they also operate businesses, accumulate treasuries, and generate additional income from staking.

This approach has garnered attention from investors, as it demonstrates that exposure to crypto can come not only from buying coins directly but also through stocks related to the digital asset ecosystem.

Nakamoto is expected to reach a target price of $1, representing an increase of nearly 376% from its current value. SharpLink Gaming and Strive are also projected to see significant gains, with target prices of $16 and $26, respectively.