The State of Bitcoin (Q3 2025)
8/8/2025
Bitcoin’s Evolution from Cycles to Secular Growth
8/6/2025
Why Bitcoin on Balance Sheets Matters More Than You Think
8/5/2025
Research Weekly - Expectations Rise for an Imminent ETF Approval
Research
Research Weekly - Bitcoin Rallies Despite $13.5B Overhang
Research
What the Market Implies About Spot ETF AUM
Research
Research Weekly - Fake News and Faulty Analysis in the Times of Open Data
Research
Industry Keeps Inching Towards a Spot ETF
Research
Research Weekly - 3Q23 Review and Look Ahead
Research
Bitcoin's Protection under the First Amendment
September 25, 2024
Perspectives
Stone Ridge 2024 Investor Letter
Investor Letters
Where Could Bitcoin Go This Cycle
Research
Taproot: Explaining Bitcoin’s Biggest Upgrade in Four Years
Resources
The Impact of Bitcoin’s Reward Halvings
Resources
Bitcoin’s Long-Term Compounding Effects
Resources
The Temporalities of Bitcoin Returns
Resources
newsletter
Sign up for weekly research
Subscribe now to learn what’s driving bitcoin markets, track significant regulatory developments, and get the data that deserves your attention.