Market Pulse Q3 2025

In Q3’25, NCI outpaced equities as BTC/ETH hit ATHs, ETH ETFs set record inflows, fees fell, and transactions surged amid Fed cuts and new U.S. stablecoin rules.

Hash Insider Hebdo

Nov 10, 2025 · 3 min de lecture

The future for the $336B revolution called “tokenization”

The Rise of Tokenization: From Stablecoins to RWAs in Traditional Finance

hashdex.ai_Um_skyline_futurista_interligado_por_trilhas_de_lu_86a674a9-e92f-4efb-9361-60fd2672c093_3.png

Guides - Rapports

Nov 05, 2025 · 15 min de lecture

Market Pulse Q3 2025

In Q3’25, NCI outpaced equities as BTC/ETH hit ATHs, ETH ETFs set record inflows, fees fell, and transactions surged amid Fed cuts and new U.S. stablecoin rules.

Captura de Tela 2025-11-05 às 13.40.32.png

Hash Insider Hebdo

Nov 03, 2025 · 3 min de lecture

Hard cap, harder value: BTC’s scarcity sets it apart

Bitcoin and gold share scarcity, but BTC’s fixed 21M supply, rising sovereign reserves, and corporate treasuries intensify demand—and may amplify crypto cycles.

hashdex.ai_A_Bitcoin_coin_embedded_in_a_flawless_crystaldiamo_5c2415a2-0c04-4922-aeaa-b0fdb9cdefdd_0.png

Notes du CIO

Oct 29, 2025 · 6 min de lecture

La récompense de la discipline face à la volatilité

Car au final, ce n’est pas la volatilité qui détruit la richesse. C’est l’absence de discipline.

hashdex.ai_An_elegant_hourglass_on_a_clean_desk_upper_chamber_4af74dfb-5e3f-44c9-a1a9-cbf4347ffadf_3.png

Hash Insider Hebdo

Oct 28, 2025 · 4 min de lecture

The rise of digital gold

Because of its scarcity, bitcoin is often referred to as “digital gold”.

hashdex.ai_create_an_image_that_properlly_encapsules_a_thumbnai_967a10d4-ffbe-46cd-9359-b055c6ca3d55.png

Hash Insider Hebdo

Oct 21, 2025 · 3 min de lecture

Finding Opportunity in Market Stress

With stronger infrastructure, clearer regulation, and the rise of tokenization and stablecoin payments should help soften future shocks and support long-term growth. Volatility will persist, but history shows that crypto’s recoveries tend to reward patient, diversified investors.

hashdex.ai_create_an_image_that_properlly_encapsules_a_thumbnai_a9fda6fc-5868-423c-91de-e193cd2002f9.png

Hash Insider Hebdo

Oct 06, 2025 · 4 min de lecture

Bitcoin receives unexpected recommendation amid new all-time-high

With regulatory momentum and institutional endorsement aligning, Bitcoin may now be positioned to break into new highs—continuing its historically strong performance for the month.

hashdex.ai_Earth_from_near-space_at_night_with_an_elegant_aur_a95c77db-a5b0-43d5-9186-355690cb1c4b_3.png

Notes du CIO

Oct 06, 2025 · 6 min de lecture

L’investissement indiciel crypto arrive aux États-Unis

Nous ne sommes encore qu’au début de cette ère. De la même manière que les ETF indiciels ont révolutionné l’accès aux marchés actions, les produits indiciels crypto définiront comment les investisseurs accèdent à cette nouvelle classe d’actifs.

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OBTENEZ DES MISES À JOUR ET DES INFORMATIONS

Rejoignez notre communauté.

Pour plus d'informations, veuillez lire notre politique de confidentialité

Expert en vedette

Samir Kerbage

Samir Kerbage est directeur des investissements (Chief Investment Officer) chez Hashdex depuis 2018, supervisant les stratégies d’investissement mondiales, le développement de produits et la recherche de la société. Il fait partie de l’équipe fondatrice de Hashdex et dirige ses initiatives de gestion d’actifs crypto à travers des ETF, ETP et autres véhicules d’investissement. Samir est actif dans le domaine des actifs numériques depuis 2016 et possède plus de 15 ans d’expérience dans l’infrastructure des marchés financiers et le trading quantitatif. Il est diplômé en ingénierie informatique de l’Institut Militaire d’Ingénierie (IME).

Informations de Samir

La récompense de la discipline face à la volatilité

L’investissement indiciel crypto arrive aux États-Unis

Le retour d’Ethereum : vers une nouvelle phase d’adoption institutionnelle

Primers - Report en vedette

Key Takeaways

“
Regulatory Advancements: The global regulatory landscape evolved rapidly, led by the GENIUS Act in the U.S., which established the first federal framework for stablecoins, and Europe’s progress toward a digital euro. In Asia, Japan advanced its yen-backed stablecoin, while Chinese fintechs giants advocated for a yuan-pegged alternative. Together, these initiatives signal a coordinated shift toward digital money, where tokenized assets and sovereign-backed currencies converge to modernize financial infrastructure.
”
“
Institutional Adoption: Institutional engagement accelerated on multiple fronts. BNY Mellon and Goldman Sachs launched a tokenized Money Market Fund, one of the many recent cases of institutions bridging traditional finance and blockchain. S&P Global Ratings issued the first-ever credit rating to a DeFi protocol, while the U.S. Department of Commerce began publishing Gross domestic product (GDP) data on-chain—each a milestone in legitimizing blockchain within established financial and governmental systems.

”
“
Ecosystem Developments: Crypto market performance remained robust, with bitcoin and ether reaching new all-time highs and the NCI^TM outperforming major equity benchmarks. Ether led gains among infrastructure tokens, highlighting the growing relevance of looking beyond bit- coin. Meanwhile, decentralized finance and stablecoins continued to expand their real-world footprint: transaction volumes surged, average fees declined, and Layer-2 net-works such as Base posted record activity-illustrating how blockchain infrastructure is steadily transitioning from experimentation to scaled utility.
”

Analyses et éducation

Market Pulse Q3 2025

The future for the $336B revolution called “tokenization”

The Rise of Tokenization: From Stablecoins to RWAs in Traditional Finance

Market Pulse Q3 2025

In Q3’25, NCI outpaced equities as BTC/ETH hit ATHs, ETH ETFs set record inflows, fees fell, and transactions surged amid Fed cuts and new U.S. stablecoin rules.

Hard cap, harder value: BTC’s scarcity sets it apart

Bitcoin and gold share scarcity, but BTC’s fixed 21M supply, rising sovereign reserves, and corporate treasuries intensify demand—and may amplify crypto cycles.

La récompense de la discipline face à la volatilité

Car au final, ce n’est pas la volatilité qui détruit la richesse. C’est l’absence de discipline.

The rise of digital gold

Because of its scarcity, bitcoin is often referred to as “digital gold”.

Finding Opportunity in Market Stress

With stronger infrastructure, clearer regulation, and the rise of tokenization and stablecoin payments should help soften future shocks and support long-term growth. Volatility will persist, but history shows that crypto’s recoveries tend to reward patient, diversified investors.

Bitcoin receives unexpected recommendation amid new all-time-high

With regulatory momentum and institutional endorsement aligning, Bitcoin may now be positioned to break into new highs—continuing its historically strong performance for the month.

L’investissement indiciel crypto arrive aux États-Unis

Nous ne sommes encore qu’au début de cette ère. De la même manière que les ETF indiciels ont révolutionné l’accès aux marchés actions, les produits indiciels crypto définiront comment les investisseurs accèdent à cette nouvelle classe d’actifs.

Rejoignez notre communauté.

Samir Kerbage