Crypto Analyzer

The Zacks Analyst Blog Highlights Marathon Digital Holdings, CME Group and BlackRock

**Investing in Crypto Stocks: Marathon Digital Holdings, CME Group, and BlackRock**

The cryptocurrency market has been seeing significant movements lately, with Bitcoin reaching new heights and Ethereum not far behind. With the upcoming Ethereum Dencun upgrade on March 13, investors are anticipating further growth in the crypto market. As Ethereum transitions to a proof-of-stake system, it is expected to make transactions cheaper and attract more mainstream consumer demand.

For investors looking to capitalize on the potential growth of Ethereum and the broader crypto market, here are three stocks to watch:

1. **Marathon Digital Holdings, Inc. (MARA):**
– Marathon Digital Holdings is a digital asset technology company that focuses on mining digital assets, including Bitcoin and Ethereum.
– The company’s expected earnings growth rate for the next year is 238.1%, and the Zacks Consensus Estimate for its current-year earnings has surged 450% over the past 60 days.
– Marathon Digital currently carries a Zacks Rank #3.

2. **CME Group Inc. (CME):**
– CME Group operates one of the world’s largest futures exchanges and offers various solutions to invest in cryptocurrencies like Ethereum.
– The company’s expected earnings growth rate for the current year is 2.8%, with the Zacks Consensus Estimate for its current-year earnings improving 1.3% over the past 60 days.
– CME Group also carries a Zacks Rank #3.

3. **BlackRock, Inc. (BLK):**
– BlackRock is one of the world’s largest investment managers and has been actively involved in the crypto market, including applying for an Ethereum spot ETF.
– The company’s expected earnings growth rate for the current year is 5.2%, with the Zacks Consensus Estimate for its current-year earnings improving 3.7% over the past 60 days.
– BlackRock also carries a Zacks Rank #3.

With the crypto market showing promising growth potential, these stocks offer investors exposure to the evolving landscape of digital assets. As Ethereum continues to gain momentum with upgrades like the Dencun upgrade, these companies positioned in the crypto space could benefit from the market’s upward trajectory.

For more insights and analysis on these stocks and others in the market, investors can refer to the Zacks Analyst Blog for the latest updates and recommendations. Stay informed and make informed investment decisions in the ever-changing world of cryptocurrencies and traditional financial markets.