The New Crypto Playbook

While Q2 headlines were dominated by geopolitical shocks and trade tensions, Bitcoin rose 30%, driven by institutional inflows and the emergence of sovereign crypto reserves and digital asset treasuries. Over 140 public companies now hold $91B in Bitcoin, an 18% increase in just six months.

BTC ETFs and Corporate Treasuries Are Driving Demand

Institutional allocators, public companies, and ETFs are locking up supply and reshaping market dynamics. Enabling BTC to become a strategic reserve, not just a tradable asset.

Wall Street Soaks Up Bitcoin: $91B in Corporate Holdings
Public companies added 243,615 BTC in Q2—now outpacing ETFs in net accumulation.

Bitcoin Treasuries Go Public
Firms like Twenty One Capital and BitMine emerge, trading at 2–5x NAV as investors chase regulated BTC exposure.

ETFs Are Absorbing BTC 6x Faster Than It Is Mined
With only ~900 BTC mined daily, spot ETFs are creating a real-time supply crunch.

Altcoins: A Divided Market

A bifurcated market emerged in Q2, as regulatory clarity and real-world utility drove performance.

ETH, SOL, and XRP Surge
Smart capital is concentrated in assets with regulatory clarity and real-world use cases.

DOGE, ADA, and LINK lagged
Capital was concentrated in tokens with clear institutional narratives, leaving hype-driven assets sidelined and reinforcing a “quality over quantity” market sentiment.

The Crypto Derivatives Boom

Options and structured products gained major institutional traction.

$60B in BTC Options: Volatility Drops
Institutions are using derivatives to hedge, not speculate, marking a mature shift.

ETH Derivatives Surge to $7B OI
ETH’s rise in derivatives points to its deepening role in structured yield and hedging strategies.

The Global Regulatory Race Is On

Q2 was a turning point for global crypto policy.

GENIUS Act Passes—Stablecoins Go Mainstream
The U.S. Senate passes the GENIUS Act, unlocking a potential $3.7T stablecoin market and signaling bipartisan support for digital dollars.

FDIC Greenlights Banks for Crypto Expansion
New guidance removes key barriers for U.S. banks, enabling broader participation in custody, settlement, and crypto-related services.

Europe and the UK Double Down on Crypto Rules
MiCA is finalized in the EU, while the UK accelerates crypto sandbox initiatives—solidifying both regions as regulatory leaders.

The Bigger Picture

This isn’t the crypto market of cycles past. Bitcoin is no longer a fringe hedge—it’s a strategic reserve asset embedded in traditional financial markets. Institutions aren’t just buying BTC. They’re building around it.

📥 Download the full Q2 report from Secure Digital Markets to dive deeper into market shifts, portfolio strategy, and emerging trade ideas.