Coinbase Institutional

Five things to know about the crypto markets from Coinbase Institutional + Glassnode’s just-released Q4 2024 Guide To Crypto Markets Download the full report → https://lnkd.in/gUfjaNwd 1. As VanEck points out: ETH has found its footing. Market share of fees grew by more than 4x since August. 2. Adoption has accelerated. Daily transactions on ETH and L2s are up 5x since the start of 2023. 3. Liquidity is up. BTC volumes have averaged $2T a month YTD, +76% from last year as ETFs have drawn new investors. 4. Yet volatility continues to trend lower as markets mature. 5. Gold and equities are viewed as opposites. But they have one thing in common: very low correlations with BTC.

While bitcoin keeps making headlines, along with new highs, there’s lots more happening in crypto markets as well. Our insights this week cover everything from the strength in leading altcoins to the evolution of onchain lending to a radical proposal that could shake up the Ethereum ecosystem.

DAOs promised to transform corporate governance, but how much progress has been made? See what DAOs have accomplished and where challenges persist in our new Outlook. https://lnkd.in/e5DrewGK

For nearly 70 years, investors have turned to the S&P 500 to answer the question, What's the market doing? Now they can turn to the Coinbase 50 Index to answer the question, What's the crypto market doing? https://lnkd.in/e5fniHzF

It’s been quite a week for crypto. New all-time highs, success at the ballot box, and an influx of inflows. And to top it off, a new index that helps investors answer the all-important question: What’s the market doing?

The crypto market is volatile and complex, making individual analysis challenging. Our team dives into the need for indexes and construction of the new Coinbase 50 Index (COIN50) - including how the top 50 crypto assets are selected and dynamically tracked to provide diversified exposure to the growing crypto market. Read the full paper here: https://lnkd.in/e5fniHzF

Announcing the Coinbase 50 Index (COIN50), the global benchmark for digital assets developed in partnership with Market Vector Indexes and Coinbase Asset Management. COIN50 represents the top 50 eligible digital assets that meet the index’s fundamental criteria, empowering investors to use COIN50 as a benchmark to compare their portfolio performance to the broader crypto economy. The index methodology builds on Coinbase Asset Management's three years of index building experience and scrutinizes eligible assets based on criteria such as token economics, blockchain architecture, and security. Additionally, every asset in the index is listed and accessible on Coinbase Exchange, which meets a rigorous vetting process that evaluates assets against legal, compliance, and security standards.  Today, eligible institutional users will be able to trade the Coinbase 50 Index via a COIN50 perpetual futures contract (COIN50-PERP) on Coinbase International Exchange, while eligible retail users can trade it on Coinbase Advanced. This contract will only be available to users in eligible jurisdictions outside the US, UK, and Canada. As the most trusted and only publicly-listed crypto exchange, Coinbase is uniquely positioned to offer an index that investors globally can rely on for transparent exposure to the crypto market. Learn more about COIN50 here: https://lnkd.in/excnJncS Read the full press release here: https://lnkd.in/evwwhmew.

We’re thrilled to announce the upcoming launch of silver and Stellar futures on Coinbase Derivatives, starting November 11. This addition enhances our CFTC-regulated product suite, providing exciting new trading opportunities. Join us as we bridge traditional finance and digital assets. Read more: 🔗 https://lnkd.in/dR24UmrY

By this time next week, the US election will have concluded, but its impact on markets will just be starting. As we enter this pivotal stretch, our policy, research, and trading teams share insights on what’s been moving markets in the run-up to the election and what may be in store in the weeks ahead. Also, we share a replay of our recent webinar discussing the role of ETH in institutional portfolios with Bitwise Asset Management.

Matthew Hougan and Ryan Rasmussen from Bitwise Asset Management teamed up with David Duong, CFA from Coinbase Institutional, to host last week’s ETH in Institutional Portfolios webinar. Watch the recording now to hear their perspectives on the second-largest cryptocurrency by market capitalization, including its value, how it differs from BTC, and what ETH ETPs bring to an institutional portfolio. https://lnkd.in/g22NpX-m