Ethereum is finally scaling. Layer 2 rollups are making Ethereum competitive again. In the last 45 days, user growth has inflected on Optimism & Arbitrum. You can read our Institutional investor’s guide to Ethereum - bernsteinresearch.com/brweb/ViewRese… (Institutional investors only)

Fat protocol thesis could evolve to fat application thesis. Post crypto crash, with blockspace supply > demand, successful applications are rare & could accrue value. See our report - 7 predictions to reignite crypto cycle (Institutional clients only) bernsteinresearch.com/brweb/ViewRese…

We are elated to host CZ 🔶 BNB (Founder/CEO, Binance) for a virtual fireside chat on September 13 (12 pm ET). Exclusive event for Institutional clients of Bernstein. Sign up here - bernstein.dealogic.com/clientportal/C…

We published our monthly on-chain data deep-dive comparing leading public blockchains. (Bernstein Institutional clients only) bernsteinresearch.com/brweb/ViewRese…

We recently published our diagnosis of the FTX debacle & the path ahead for the industry. The FTX story - the Lehman moment or more like Enron? (Institutional clients only) bernsteinresearch.com/brweb/ViewRese…

We are elated to have Balaji Srinivasan Balaji join (remote) as a keynote speaker at Bernstein’s Digital Asset Roundtable on April 13th in NYC. Balaji will be talking about ‘The Fiat crisis’. This is an exclusive in-person event for the institutional clients of Bernstein.

We expect tokenised stablecoins to grow from $125B today to $2.8Tn market, led by regulated, onshore stablecoins, over the next 5 years. We expect regulated stablecoins growth to be driven by a more mainstream consumer platforms led market. We expect stablecoin issuers to be

Grayscale secured a landmark win against the SEC last week. The ruling went beyond the GBTC conversion, but laid unambiguous principles for regulators to evaluate spot crypto ETF applications. We suspect the crypto ETF opportunity won't just stop at Bitcoin but will extend into