Bitcoin has added $732B in new capital this cycle, with 1YR realized volatility nearly halved. The market is trading calmer, larger, and more institutional. Our Q4 Digital Assets Report with @FasanaraDigital breaks down the structural shifts. 📊

Bitcoin settled ~$6.9T over the last 90 days, on par with or above Visa and Mastercard. Activity is migrating off-chain as flows move to #ETFs and brokers, but Bitcoin and #stablecoins continue to dominate on-chain settlement.

Tokenized RWAs grew from $7B to $24B in a year, their strongest phase of institutional adoption yet. Tokenized funds are among the fastest-growing segments in 2025, offering new distribution channels for asset managers and access for previously underserved investors.