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A crypto Index provides a way for investors to gain diversified exposure to a specific basket of digital assets through a single tokenized product. These indices often track specific sectors, such as DeFi, DePIN, or RWA, and are automatically rebalanced via smart contracts. In 2026, AI-managed thematic indices have become the gold standard for passive investing, allowing users to track the "blue chips" of the Web3 economy without manual portfolio management. This tag covers index methodology, rebalancing frequency, and the benefits of diversified crypto baskets.

24949 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Here’s why the surging Skale crypto may crash 40% soon

Here’s why the surging Skale crypto may crash 40% soon

Skale crypto price surged this week, reaching its highest level since February 1 after It Remains launched on its network.  Skale (SKL) token moved from a consolidation phase and surged by 170%, making it one of the best-performing coins this…

Author: Crypto.news

2025/08/15

$215B Corporate Bitcoin Boom Creates ‘Dangerous Game,’ Most ‘Won’t Survive Credit Cycle’: Research

$215B Corporate Bitcoin Boom Creates ‘Dangerous Game,’ Most ‘Won’t Survive Credit Cycle’: Research

Corporate Bitcoin holdings have exploded to $215 billion across 213 entities, with public companies controlling 71.4% of the total, but new research warns this “ dangerous game ” will likely see most participants fail to survive a full credit cycle. According to a research report from Sentora shared with Cryptonews, companies are “borrowing billions in fiat, issuing new equity, and restructuring entire balance sheets to acquire Bitcoin” while engaging in what amounts to structured speculation on a non-yielding , highly volatile digital asset. The study identifies a critical flaw in the strategy. “Idle Bitcoin on a corporate balance sheet is not a scalable strategy in a rising-rate world” because most Bitcoin treasury companies are either unprofitable or heavily reliant on mark-to-market gains to appear solvent. Source: Sentora Research Strategy leads with 628,791 BTC, followed by MARA Holdings at 50,639 BTC and Bitcoin Standard Treasury Company with 30,021 BTC. Notably, Japan’s Metaplanet’s recent Q2 financial report revealed a stunning 468% Bitcoin yield in Q2 2025. Speaking with Cryptonews, Vincent Maliepaard, Vice President of Marketing at Sentora, noted that “balance sheet diversification with a hard asset like Bitcoin is the right framing, especially in an era of heightened geopolitical uncertainty.” However, the research warns that without Bitcoin evolving from digital property to productive digital capital that generates yield, the strategy remains fundamentally limited. Historical Parallels Reveal Both Promise and Peril The Bitcoin treasury strategy mirrors historical wealth-building through leveraged acquisition of scarce assets like land and property, sharing characteristics of “a scarce and durable asset, cheap capital,” but currently lacking “the asset’s ability to produce yield.” Source: Sentora Research The research notes that while families and companies built generational wealth through real estate for centuries, “Gold Treasury companies” never emerged despite gold’s scarcity due to storage costs, movement difficulties, and negative carry. Bitcoin’s digital advantages enable global transfers in seconds, programmable custody, and 24/7 trading, positioning it as potentially superior to gold for treasury purposes. However, the research emphasizes that “like land that gains economic meaning when developed, Bitcoin ‘ must do something ‘” beyond existing as idle digital property on balance sheets. The study warns that most Bitcoin treasury adopters from 2020-2024 “misunderstood the asset, the structure, or the macro environment” during an era of cheap fiat and QE-boosted equities. The transition to higher interest rates exposes structural weaknesses in strategies designed for ultra-low rate environments. Leveraged Speculation Disguised as Treasury Management The research categorizes Bitcoin treasury strategies as “negative-carry trades” where companies borrow fiat to acquire a non-yielding asset, contrasting sharply with traditional carry trades that provide a positive yield while waiting. Unlike foreign exchange carry trades with built-in cushions, Bitcoin strategies offer “no yield cushion, no neutral carry, and no risk-parity ballast.” Strategy has pioneered the model using $3.7 billion in ultra-low coupon convertible bonds and $5.5 billion in perpetual preferred shares to finance acquisitions. Michael Saylor attributes Strategy’s premium to net asset value through “Credit Amplification, Options Advantage, Passive Flows, and Superior Institutional Access” that provide 2x-4x Bitcoin exposure amplification unavailable to spot ETFs. $MSTR trades at a premium to Bitcoin NAV due to Credit Amplification, an Options Advantage, Passive Flows, and superior Institutional Access that equity and credit instruments provide compared to commodities. pic.twitter.com/AYQlytS4ID — Michael Saylor (@saylor) August 13, 2025 The financing mechanisms reveal structural vulnerabilities. Mining companies like Marathon Digital face “razor-thin and deteriorating margins, often being structurally unprofitable below ~$100k BTC” with Bitcoin constituting 50-80% of their assets. The research notes that these firms face high liquidation risk due to short-term cash needs during downturns. Similarly, Metaplanet also exemplifies this aggressive accumulation , doubling Bitcoin holdings every 60 days for 475 days while utilizing zero-interest convertible bonds worth ¥270.36 billion. The company filed shelf registrations for ¥555 billion in perpetual preferred shares, targeting 210,000 BTC by 2027, representing 1% the total Bitcoin supply. Credit Cycle Vulnerability Threatens Corporate Bitcoin Experiment The research warns of structural risks when “interest payments become unserviceable, refinancing costs spike, equity issuance turns non-accretive, and boards question the Bitcoin strategy itself.” Most companies lack sustainable business models beyond Bitcoin appreciation, creating dangerous dependencies on continued price momentum. Rising interest rates amplify negative carry, while Bitcoin price stagnation over 2-3 years could erode conviction and make equity issuance dilutive. The study notes “there is no lender of last resort, no circuit breaker, and no refinancing facility” when Bitcoin carry trades break, making risks “binary and reflexive.” Presumably due to the weakening risk appetite, Strategy is already facing multiple class-action lawsuits alleging misleading statements about Bitcoin strategy profitability and risks. However, the company maintains unique advantages through index inclusion, providing passive flows from $35 trillion in equity markets and $60 trillion in credit markets compared to Bitcoin ETFs’ $700 billion access. JUST IN: 🇰🇿 Kazakhstan’s Fonte Capital gets approval to list the first spot Bitcoin ETF in Central Asia 🙌 The ETF starts trading tomorrow 🚀 pic.twitter.com/rutraPruZk — Bitcoin Magazine (@BitcoinMagazine) August 12, 2025 Most recently, Kazakhstan has also launched Central Asia’s first spot Bitcoin ETF , while Norway’s sovereign wealth fund increased indirect Bitcoin exposure by 192% through equity stakes in Coinbase, Metaplanet, and Strategy. These developments support Maliepaard’s prediction that “ more private enterprises will reveal significant BTC positions ” as market infrastructure matures. The research concludes that for the strategy to succeed long-term, “Bitcoin must evolve from digital property to digital capital,” which generates yield without custodianship requirements. Until Bitcoin becomes productive through yield-bearing mechanisms, most corporate treasury experiments face potential failure during adverse credit cycles. However, Maliepaard remains optimistic about long-term prospects, predicting that “ the familiar boom-and-bust framing of Bitcoin cycles will start to fade ” as adoption widens across corporate and sovereign balance sheets. He believes that “ if debt-financed acquisition of hard assets like land and real estate has historically compounded value, applying the same playbook to Bitcoin could reshape market dynamics entirely ,” with even aggressive price forecasts potentially proving conservative.

Author: CryptoNews

2025/08/14

The three major U.S. stock indexes opened lower, with Canaan Inc. falling 7.7%.

The three major U.S. stock indexes opened lower, with Canaan Inc. falling 7.7%.

PANews reported on August 14th that the three major U.S. stock indexes opened lower, with the Dow Jones Industrial Average down 0.34%, the S&P 500 down 0.27%, and the Nasdaq

Author: PANews

2025/08/14

U.S. PPI growth hits highest level in three years in July

U.S. PPI growth hits highest level in three years in July

PANews reported on August 14th that U.S. producer price inflation (PPI) growth reached its highest level in three years in July, driven by soaring service costs. The Bureau of Labor

Author: PANews

2025/08/14

Spectrum: A global RPC provider powering the multichain web3

Spectrum: A global RPC provider powering the multichain web3

Spectrum is redefining blockchain performance with its global bare-metal RPC infrastructure, powering over 1 billion daily calls. #partnercontent

Author: Crypto.news

2025/08/14

On-chain data perspective: judging market tops through early holder behavior

On-chain data perspective: judging market tops through early holder behavior

Early adopters often control a significant portion of the token supply, and their buying and selling decisions are crucial to market trends. Understanding the behavioral patterns of early adopters can

Author: PANews

2025/08/14

Mizuho Securities: Circle faces medium-term risks from slowing USDC growth, rising distribution costs, and possible interest rate cuts

Mizuho Securities: Circle faces medium-term risks from slowing USDC growth, rising distribution costs, and possible interest rate cuts

PANews reported on August 14th that, according to The Block, Mizuho Securities' equity researchers stated that Circle's stock faces medium-term risks, including slower-than-expected USDC growth, rising distribution costs, and potential

Author: PANews

2025/08/14

Why Billionaire Michael Saylor’s Strategy Outperforms Bitcoin – Here’s What You Need to Know

Why Billionaire Michael Saylor’s Strategy Outperforms Bitcoin – Here’s What You Need to Know

Billionaire Michael Saylor, executive chairman of Strategy, has once again taken to X (formerly Twitter) to explain why shares of $MSTR trade at a premium to Bitcoin’s net asset value (NAV). In his post , Saylor attributed this advantage to four key factors: Credit Amplification, Options Advantage, Passive Flows, and Superior Institutional Access—benefits that equity and credit instruments offer over commodity assets like Bitcoin. $MSTR trades at a premium to Bitcoin NAV due to Credit Amplification, an Options Advantage, Passive Flows, and superior Institutional Access that equity and credit instruments provide compared to commodities. pic.twitter.com/AYQlytS4ID — Michael Saylor (@saylor) August 13, 2025 Credit Amplification: Leveraging to Maximize Bitcoin Exposure Strategy uses intelligent leverage to achieve 2x–4x amplification of Bitcoin exposure. This level of credit-based positioning is unavailable for spot Bitcoin exchange-traded products (ETPs) or direct Bitcoin holdings. By strategically tapping into credit markets, MSTR can enhance returns when Bitcoin’s price rises, effectively multiplying the impact of favorable market moves. This approach, however, also increases risk in downturns, reflecting the high-conviction nature of Saylor’s long-term Bitcoin bet . Options Advantage: Deeper and More Liquid Derivatives Markets Another differentiator is Strategy’s $100 billion+ in open interest within the options market. In comparison, spot Bitcoin ETPs have around $30 billion, while CME Bitcoin futures sit at roughly $20 billion in open interest. This liquidity and market depth give MSTR more flexibility for institutional traders and hedgers, making it a more dynamic vehicle for large-scale strategic plays than Bitcoin itself. Passive Flows: Index Inclusion Drives Steady Capital Unlike Bitcoin or its ETPs, Strategy benefits from passive flows due to its inclusion in major equity indices such as the NASDAQ 100, MSCI, and Russell 1000. This means that as investors pour money into index funds and ETFs tracking these benchmarks, a portion of that capital automatically flows into MSTR shares. This consistent demand adds a structural tailwind to MSTR’s market performance, further widening the premium over Bitcoin’s NAV. Institutional Access: Bigger Capital Pools Than Bitcoin Institutional access is where MSTR’s advantage is perhaps most pronounced. The company’s equity and credit profile provides access to an estimated $35 trillion in equity and $60 trillion in credit markets. By contrast, spot Bitcoin ETPs tap into about $700 billion in private capital, and physical Bitcoin is limited to less than $150 billion. This broader institutional reach gives MSTR more avenues to attract capital, execute financing strategies, and scale exposure. Saylor’s post reinforces his core message: Strategy isn’t just a Bitcoin proxy—it’s a leveraged, institutionally integrated vehicle that combines the advantages of traditional equity markets with a laser-focused Bitcoin strategy. For investors seeking amplified Bitcoin exposure with deep market infrastructure, Saylor argues, $MSTR offers a unique edge.

Author: CryptoNews

2025/08/14

Metaplanet Unveils Bitcoin-Backed Yield Curve In Bid To Take On Japan’s Bond Market

Metaplanet Unveils Bitcoin-Backed Yield Curve In Bid To Take On Japan’s Bond Market

Metaplanet is rolling out a Bitcoin-backed yield curve and a preferred share program aimed at making BTC a credible form of collateral in Japan’s capital markets, a move aimed at

Author: Insidebitcoins

2025/08/13

Solana Leads Altcoin Rally as Crypto Market Cap Reaches Record High

Solana Leads Altcoin Rally as Crypto Market Cap Reaches Record High

On Aug. 13, the total market capitalization of the cryptocurrency ecosystem approached $4.2 trillion, reaching $4.189 trillion, a new all-time high. Solana Leads Top Altcoins as ETH Nears Lifetime High On Wednesday, the cryptocurrency ecosystem’s total market capitalization neared the $4.2 trillion mark after several high-cap altcoins recorded significant 24-hour gains. As shown by Coingecko […]

Author: Bitcoin.com News

2025/08/13

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