Blockworks

There are 130+ Bitcoin related ETPs live today.
Many new products run complex strategies to alter the return profile, such as 2x exposure, short, or covered calls.
However, 95%+ capital resides in products offering simple, directional exposure. Simplicity wins!

Katana’s circulating stablecoin supply reached a new ATH last week, peaking at just over $500M.

Stablecoin interest rates in DeFi are at their lowest-level since June 2023.

Polygon's stablecoin supply continues to climb, reaching an ATH of roughly $3.4B in February.

Ethereum has notched two straight months with over $1B in tokenized gold trading volume.
Over 90% of this spot volume is settled on @uniswap.

Crypto ETPs saw inflows rebound in February after a record amount of outflow in January.
The top three assets by inflows were:
- BTC ($258m)
- SOL ($4.3m)
- XRP ($3.6m)

The idea that companies should be run for the benefit of shareholders is a relatively new one — and it may conflict with industry growth and innovation

It's a paradox: You can predict and invest in all the right innovations, but still lose money

How to make the case for crypto over mashed potatoes

Crypto markets are ending the week on a muted note, but liquid staking tokens in the Solana ecosystem were an exception