đ¨ BREAKING NEWS: Bitwiseâs Hougan says Q3 charts point to âcrypto springâ
Bitwiseâs Matt Hougan said nearly every fundamental indicator that Bitwise tracks spiked sharply higher.
Bitwise chief investment officer Matt Hougan says Q3 may have been âone of the best quarters in cryptoâs history,â arguing a sharp rebound in crypto prices and growing onchain markets point to the start of âcrypto spring.â
In its quarterly market reviewpublishedThursday, Bitwise reported a 46.4% quarterly gain in its large-cap crypto index, along with $6 billion in USspot Bitcoin ETF inflowsthat brought year-to-date net flows back into positive territory.
The growth extended beyond the price of cryptocurrencies. The value of tokenized equities rose 65.5% to nearly $3.2 billion, while open interest on decentralized perpetual futures hit a new record near $26 billion, with a growing share tied to stocks, commodities, foreign exchange and pre-IPO shares.
đ [Äáťc toĂ n báť bĂ i viáşżt tấi bản gáťc](https://cointelegraph.com/markets/bitwises-hougan-says-q3-charts-point-to-crypto-spring?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
đ° Nguáťn: đŞ CoinTelegraph
$BTC $ETH #BinanceSquare #CryptoNews
Bitwiseâs Matt Hougan said nearly every fundamental indicator that Bitwise tracks spiked sharply higher.
Bitwise chief investment officer Matt Hougan says Q3 may have been âone of the best quarters in cryptoâs history,â arguing a sharp rebound in crypto prices and growing onchain markets point to the start of âcrypto spring.â
In its quarterly market reviewpublishedThursday, Bitwise reported a 46.4% quarterly gain in its large-cap crypto index, along with $6 billion in USspot Bitcoin ETF inflowsthat brought year-to-date net flows back into positive territory.
The growth extended beyond the price of cryptocurrencies. The value of tokenized equities rose 65.5% to nearly $3.2 billion, while open interest on decentralized perpetual futures hit a new record near $26 billion, with a growing share tied to stocks, commodities, foreign exchange and pre-IPO shares.
đ [Äáťc toĂ n báť bĂ i viáşżt tấi bản gáťc](https://cointelegraph.com/markets/bitwises-hougan-says-q3-charts-point-to-crypto-spring?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
đ° Nguáťn: đŞ CoinTelegraph
$BTC $ETH #BinanceSquare #CryptoNews