# Crypto Market Review (Q4 2026) (Bitwise) > Bitwise’s paper “Crypto Market Review (Q4 2026)”, summarized by ETFIQ with its own data beside it. Summary by ETFIQ, with a link to Bitwise’s paper. Data as of Oct 21, 2026. Rebuilt every trading night. Published Oct 8, 2026 by Bitwise. Summary by ETFIQ as of Oct 21, 2026. ## Crypto Market Review (Q4 2026) Bitwise's October 2026 market review reports that its 10 Large Cap Crypto Index gained 46.39% in Q3 2026, with every one of its ten holdings up double digits. Bitwise · Issuer · Read the full paper at Bitwise ↗ ### What it says Figures as stated by Bitwise, Oct 8, 2026 - Bitwise says spot bitcoin ETFs drew roughly $6 billion in Q3 2026, with $3.5 billion of that arriving in August, turning year-to-date net flows positive again. (Bitwise) - Bitwise reports tokenized stocks grew 65.5% to a record close to $3.2 billion, as Robinhood, Coinbase and other firms joined the market. (Bitwise) - Bitwise finds that open positions on decentralized perpetual futures venues reached a record near $26 billion, increasingly linked to stocks, commodities, currencies and pre-IPO shares. (Bitwise) - According to Bitwise, prices, onchain activity and ETF flows had all been declining three months earlier, before most of its tracked indicators turned up. (Bitwise) - Bitwise says the full report contains 67 charts and tables on performance, onchain data, tokenized stocks, crypto equities, ETP flows, portfolio building and adoption. (Bitwise) ### The ETFIQ take ETFIQ data to Oct 21, 2026 · 50 spot crypto ETFs on Oct 21, 2026 Bitwise reports its index of the 10 largest crypto assets rose 46.39% in Q3 2026. On Oct 21, 2026, 40 of 50 spot crypto ETFs ETFIQ can measure finished within a point of the coin they hold, across 11 coins. 40 of 50 spot crypto ETFs within a point of their coin , Oct 21, 2026. ETFIQ 11 coins with a measurable spot ETF , Oct 21, 2026. ETFIQ Paper: 10 largest crypto assets, Q3 2026. ETFIQ: 50 spot crypto ETFs on Oct 21, 2026. Each fund’s total return against its coin’s over the same window. The two sets and windows differ; the figures are stated, not reconciled. Method Data ### Related ETFs The largest crypto ETFs ETFIQ covers, by net assets - IBIT iShares Bitcoin Trust ETF · Difference against Bitcoin, in percentage points, Oct 21, 2026: −0.1 pts - FBTC Fidelity Wise Origin Bitcoin Fund · Difference against Bitcoin, in percentage points, Oct 21, 2026: −0.2 pts - GBTC Grayscale Bitcoin Trust ETF · Difference against Bitcoin, in percentage points, Oct 21, 2026: −1.1 pts - ETHA iShares Ethereum Trust ETF · Difference against Ether, in percentage points, Oct 21, 2026: −0.2 pts - BTC Grayscale Bitcoin Mini Trust ETF · Difference against Bitcoin, in percentage points, Oct 21, 2026: 0.0 pts - BITB Bitwise Bitcoin ETF · Difference against Bitcoin, in percentage points, Oct 21, 2026: −0.2 pts Each figure is the one its fund’s page states, with that page’s date. All 69 crypto ETFs → ### Related papers Bitwise · Issuer · Jan 13, 2026 · ETFIQ take #### The Bitwise/VettaFi 2026 Benchmark Survey Bitwise and VettaFi's January 2026 advisor survey found 32% of advisors used crypto in client accounts during 2025, compared with 22% in 2024. Crypto Read the paper ↗ Bitwise · Issuer · Dec 15, 2025 · ETFIQ take #### The Year Ahead: 10 Crypto Predictions for 2026 Bitwise, in its December 2025 outlook, forecasts more than 100 new U.S. crypto-linked ETF launches during 2026, among 10 predictions it calls estimates, not guarantees. Crypto Read the paper ↗ All 3 papers on crypto → ### Questions people ask What does the Bitwise paper conclude? Bitwise's October 2026 market review reports that its 10 Large Cap Crypto Index gained 46.39% in Q3 2026, with every one of its ten holdings up double digits. The paper’s own words are at the link above. What does ETFIQ’s data show on the same question? On Oct 21, 2026, 40 of 50 spot crypto ETFs ETFIQ can measure finished within a point of the coin they hold, across 11 coins. ETFIQ states both figures and does not reconcile them. What is a spot crypto ETF? A fund that holds a coin such as bitcoin directly, through a custodian, and is priced on its coin’s value less its costs. Where can I read “Crypto Market Review (Q4 2026)”? On Bitwise’s own site. ETFIQ summarizes the paper and does not host it. --- Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices. Cite: ETFIQ, Crypto Market Review (Q4 2026) (Bitwise), summary and ETFIQ take, as of Oct 21, 2026. https://etfiq.com/research/library/bitwise-crypto-market-review-q4-2026/ Licence: https://etfiq.com/license/ Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms. HTML: https://etfiq.com/research/library/bitwise-crypto-market-review-q4-2026/