You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.
In today’s newsletter, Joshua de Vos and Jacob Joseph of CoinDesk Research break down how digital assets turned around in Q3, outperforming stocks and gold.
Have three minutes? Mesh is conducting a 2026 State of Digital Money Survey to understand how financial institutions, digital-asset businesses and infrastructure providers experience regulatory fragmentation across markets. Responses are anonymous and results will be shared in this newsletter. (edited)
Digital assets rebounded sharply in the third quarter of 2026, ending three consecutive quarters of losses and delivering their strongest performance of the year. As presented in CoinDesk’s latest Quarterly Review and Outlook, the recovery was shaped by easing geopolitical pressure, a more constructive liquidity backdrop and the return of institutional flows.
The CoinDesk 20 (CD20) rose 52.7% to 2,447, while bitcoin gained 42.7% to $83,554. After a second quarter in which crypto sat out the broader risk-asset rally, the roles reversed. The S&P 500 and Nasdaq rose just 2.03% and 0.85%, and gold added 3.84%; digital assets were the clear outperformer by a wide margin.
BTC vs Gold vs SPX vs Nasdaq vs the CoinDesk 20 Index, Q3 2026
Several forces lined up to drive this recovery. S. ” Regulatory clarity and the rapid growth of tokenized equities were additive to market sentiment, reinforcing the convergence between traditional finance and digital-asset infrastructure.
Source link







