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According to CoinGlass, the recent liquidations were relatively small, amounting to only about one-sixth of the peak levels witnessed over the last month.

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Digital Assets: Quarterly Review and Outlook Q2

Digital Assets: Quarterly Review and Outlook Q2

In the second quarter of 2026, digital assets experienced their third consecutive quarter of losses, marking the longest decline since the bear market of 2022. This downturn coincided with a shift of institutional funds towards AI stocks, while Bitcoin ETFs faced their most significant quarterly outflow since their inception. Our analysis explores the factors behind this trend, the ongoing structural adoption, and key indicators to monitor for Q3.

Jul 10, 2026

In the second quarter of 2026, digital assets experienced their third consecutive quarter of losses, marking the longest decline since the bear market of 2022. This downturn coincided with a shift of institutional funds towards AI stocks, while Bitcoin ETFs faced their most significant quarterly outflow since their inception. Our analysis explores the factors behind this trend, the ongoing structural adoption, and key indicators to monitor for Q3.

Why it matters:

In the second quarter of 2026, digital assets experienced their third consecutive quarter of losses, marking the longest decline since the bear market of 2022. This downturn coincided with a shift of institutional funds towards AI stocks, while Bitcoin ETFs faced their most significant quarterly outflow since their inception. Our analysis explores the factors behind this trend, the ongoing structural adoption, and key indicators to monitor for Q3.

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