Trakx Weekly Update: May 26

Key Crypto Market Figures

CTIs Weekly Performance

Last week was a historic one for digital assets, with Bitcoin soaring to a new all-time high of $111,935 on May 23 before slightly stepping back to hover around $109,000 by week’s end. Our benchmark Top 10 Crypto CTI rose 1.9%, riding the momentum of the broader market rally.

The biggest winner among Trakx indices was the Trakx DEX CTI, which jumped 11.7%, reflecting booming activity on decentralized exchanges. Trakx Top 10 DeFi CTI also put in a strong performance, up 6.7% for the week.

The week’s weakest performer was the Trakx Recovery CTI, which declined -2.4% as investors pulled back from higher-risk assets after the sharp BTC run-up.

What’s behind this surge?

• Institutional investors are pouring in via spot Bitcoin ETFs like BlackRock’s, now surpassing $20B in assets, giving legitimacy and easy access for large players.
  
• Retail FOMO has reignited, with media coverage fueling buying momentum among everyday investors.
  
• Macroeconomic conditions—notably a weakening U.S. dollar and expectations that the Federal Reserve may pause rate cuts—have also increased Bitcoin’s appeal as a hedge.
  
• Add to that Bitcoin’s scarcity narrative (only 21 million will ever exist), which becomes even more compelling following the recent halving, and you get a perfect storm driving price discovery.

Some analysts now have their sights set on the $120,000–$130,000 range, though they warn of potential volatility after such a sharp run-up.

Sources: Trakx, Coingecko, Alphavantage

Market Trends

• Why Bitcoin Surged to an All-Time High: Investopedia
• Crypto investment products saw $3.3 billion in inflows last week; YTD total tops $10 billion: Theblock
• Coinbase sued in class action over stock price drop tied to data breach reveal: Theblock
• Crypto investors are ramping up personal security as physical attacks surge (CryptoSlate)
• Spot Bitcoin ETFs Hit Record Volume as BlackRock’s iBTC Streaks: Coinpush

Trakx News

• $TRKX Governance: Second Vote Now Open: From May 23–30, $TRKX holders can vote directly on the Trakx platform to decide which CTI should include the TRKX token. This marks the first time voting happens fully on our native governance dashboard, using a fair quadratic voting system that balances large and small holders. Your vote helps shape where TRKX gains future exposure, boosts token utility, and strengthens the community’s influence. You can learn more about this vote on our blog.

Trakx CTIs Performance

Sources: Coingecko and AlphaVantage

*Return of bitcoin is calculated since 01/05/2020, while CTIs performances were calculated since their respective launch date.
**Includes simulated performance.
***The risk signal is determined according to the historical volatility level, the higher the riskier.

Trakx is a global fintech company creating new standards for digital asset investments. Through our trading platform, we offer thematic Crypto Tradable Indices (CTIs) and customised solutions, providing sophisticated investors with a high degree of compliance, custody and liquidity.

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Disclaimers: No Investment Advice. Index returns and statistics are for illustration only. Index returns do not reflect any transaction costs or expenses. Past performance does not guarantee future results. The information provided in this newsletter does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the newsletter content as such. Trakx.io does not recommend that any cryptocurrency should be bought, sold, or held by you. Readers shall conduct their own due diligence and consult their financial advisors before making any investment decisions.