Stablecoins and Tokenisation Are Driving Crypto's Next Growth Phase

WisdomTree's Crypto Monthly reviews the latest developments across digital assets, highlighting growing institutional adoption of stablecoins and tokenised assets alongside evolving investor flows into crypto investment products. 

• The report identifies stablecoins, tokenised securities and blockchain-based financial infrastructure as key drivers of the next phase of institutional digital asset adoption.
• European physical crypto ETPs continued attracting inflows, while U.S. crypto ETF flows remained mixed, reflecting diverging investor positioning across major digital assets.
• WisdomTree's Bitcoin-in-Gold model suggests Bitcoin was approximately 3% overvalued relative to gold at the end of July, while emphasising that future performance remains dependent on broader macroeconomic conditions.

Read the full report for detailed data on crypto markets, investment flows and digital asset valuation trends.