CryptoCompare’s Asset Report aims to provide professionals in the financial services space, particularly the investment management industry, with key insights relating to some of the largest cryptocurrencies by market capitalization. The report frames cryptocurrencies as an investable asset that has a role to play in global investment portfolios, and thus also compares these cryptocurrencies with traditional asset classes.

February Highlights:

• With the launch of Bitcoin Ordinals in January, there has been an increased spotlight on the Bitcoin ecosystem and associated tokens. This has led to a rally in many such tokens, including Stacks.
• In February, Ethereum experienced limited variation in both open interest and price, with both staying relatively stable. Ethereum recorded a 1.21% return, while open interest witnessed a minor growth of 4.53% in February.