Digital-asset treasury plays that once traded at big premiums have fallen back toward net asset value.
Has the DAT Bubble Already Burst? CoinShares Says In Many Ways, Yes.
Digital-asset treasury plays that once traded at big premiums have fallen back toward net asset value.
Shares:
In its ‘Navigating Crypto in 2026’ outlook, the fund says non-bitcoin tokens have been sliding since late 2024, weighed down by weak value capture, slowing on-chain activity, and fading retail
The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF
Indirect measures like tax cuts may not have as much bullish impact as direct checks.
The volatility comes as BTC continues to make fresh record highs.