CME + Glassnode: Digital Asset Insights and Market Trends Report

We are thrilled to announce the release of our latest report, "Digital Assets: Insights and Market Trends H1 2024," produced collaboratively by CME Group and Glassnode. This comprehensive guide provides a detailed analysis of key developments in the digital asset markets, offering institutional investors valuable insights into the latest trends and data.

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To read the full report, download it here.

This report synthesizes a wide range of information, including price performance, on-chain analytics, industry events, and derivatives data. Our goal is to equip institutional traders with the knowledge needed to navigate the complexities of the digital asset landscape effectively.

Key highlights from the report include:

  • Market Overview: An extensive look at the current state of the digital asset market, focusing on major asset classes, their market caps, and the dominance of Bitcoin and Ethereum within the ecosystem.
  • Capital Flows and Market Cycles: Analysis of capital movements across Bitcoin, Ethereum, and stablecoins, providing insights into market cycles and investor behavior during different market phases.
  • Derivatives Market Fundamentals: Detailed review of the growing futures and options markets for digital assets, including insights into open interest, trading volumes, and the increasing dominance of institutional players like CME Group.

Here is a short preview of insights institutional traders and investors will be able to find in this special report:

CME Futures Dominance

The futures market for digital assets has seen significant growth, with CME Group emerging as a dominant player. CME's futures contracts for Bitcoin and Ethereum have attracted substantial institutional interest, highlighting the shift towards more regulated and sophisticated trading environments.

CME Futures Dominance Interactive Chart

Bull Market Correction Drawdown

The current bull market has exhibited relatively shallow drawdowns compared to previous cycles. This trend points to a maturing market, with reduced volatility and more stable price performance, providing a more predictable environment for investors.

Bull Market Corrections Interactive Chart

ETH/BTC Ratio

The ETH/BTC ratio serves as a key indicator of capital rotation and market sentiment. Despite a bullish market since late 2022, Ethereum has underperformed relative to Bitcoin, influenced by competitive pressures and regulatory advancements.

ETH/ BTC Ratio Interactive Chart

Settlement Volume Comparison

Bitcoin's daily on-chain transaction volumes have reached levels comparable to traditional financial giants like Visa and Mastercard. This milestone underscores Bitcoin's increasing role in the global financial system and its potential for further integration and adoption.

Settlement Volume Comparison Interactive Chart

Discover More

These insights offer just a glimpse of the detailed analysis contained in "Digital Assets: Insights and Market Trends H1 2024." Download your copy today to explore these topics in depth and gain the knowledge needed to invest in digital assets at the institutional level with more confidence.

Glassnode is a trusted data provider partner to institutions in the financial world. Our expertise in on-chain analytics complements traditional price data, providing a holistic view of the digital asset markets. Contact us to explore our offerings for data, bespoke reports, and more.