The surge of crypto IPOs in 2025, from Circle and Bullish to Galaxy, marks crypto’s Wall Street moment. What lies ahead for the space?

Margot Robbie may have insinuated that Bitcoin has big Ken energy (or Kenergy, if you have been following the latest Barbie hype). But the crypto market just hit a bad streak and Bitcoin briefly traded below $29,000 again. Where did all of the crypto Kenergy go?