Research
Crypto Market Quarterly Review (Q2 2023)
San Francisco • July 12, 2023
The second quarter of 2023 featured the most extreme mix of good and bad news in crypto’s history. In the end, crypto assets reacted positively to the bipolar series of events, finishing the quarter up nearly 5%. In this redesigned quarterly review, the Bitwise research team outlines the key data points that shaped crypto markets in recent months: correlations, trading volume, fund flows, blockchain revenues, real-world use cases, and more. Read it to understand why we believe industry fundamentals indicate the start of a multi-year bull market in crypto.
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Access this report for key data points that shaped crypto markets in recent months.
About Bitwise
Based in San Francisco, Bitwise is one of the largest and fastest-growing crypto asset managers, offering both index and active strategies across a wide array of investment vehicles. The firm is known for creating the world’s largest crypto index fund (OTCQX: BITW), a suite of crypto-focused equity and futures ETFs, and investment products that span Bitcoin, Ethereum, DeFi, NFTs, and the Metaverse. Bitwise focuses on partnering with financial advisors and investment professionals to provide quality education and research. The team at Bitwise combines expertise in technology with decades of experience in traditional asset management and indexing, coming from firms including BlackRock, Blackstone, Meta, and Google, as well as the U.S. Attorney’s Office. Bitwise is backed by leading institutional investors and asset management executives, and has been profiled in Institutional Investor, CNBC, Barron’s, Bloomberg, and The Wall Street Journal.
