Bitwise releases third quarter report for 2026, with cryptocurrency market recording third consecutive quarter of negative returns

Bitwise released its Q3 2026 crypto market review report, which showed that the top 10 market capitalization crypto indices of Bitwise fell 15.4% in Q2, with 8 out of 10 constituent stocks experiencing a decline. The spot Bitcoin ETF recorded the worst quarterly outflow, while on chain activity, trading volume, and DeFi assets all declined. The correlation between the crypto market and stocks increased, with negative returns recorded for the third consecutive quarter, marking the longest continuous decline since 2022.