May Recap – Bitcoin Suisse x Maerki Baumann, new format “Industry Rollup”, “The Weekly Wrap” audio, Starknet, and more
Jun 1, 2024 - 5 min read
We are proud to present our new Research format, the “Industry Rollup”! The Industry Rollup offers insightful analyses of the digital asset ecosystem, providing an extensive overview of everything crypto in a digestible, visually driven experience. Our new format unpacks complex narratives for seasoned investors and curious newcomers alike. With the Industry Rollup, you will receive the most important crypto-native developments and many more insights directly into your mailbox.
Dominic Weibel, Head Research
Products & Services
Bitcoin Suisse x Maerki Baumann
Bitcoin Suisse and Maerki Baumann join forces to expand crypto offering
Bitcoin Suisse has entered a cooperation with the Zurich-based private bank Maerki Baumann & Co. The collaboration will allow the private bank to utilize the proven crypto expertise of Bitcoin Suisse in managing its crypto investment solutions, and to expand its existing offering in the area of digital assets under the “ARCHIP” brand. The cooperation is to be integrated into Maerki Baumann’s investment process via the “Joint Crypto Advisory Board”. Clients of Bitcoin Suisse will gain access to first-class private banking services for traditional assets.
New Listing
Bitcoin Suisse welcomes Starknet to crypto offering
Bitcoin Suisse recently added Starknet (STRK) to its trading platform and custody solution.
Starknet is a revolutionary Layer 2 scaling solution for Ethereum, offering scalability and cost efficiency. Leveraging Validity-Rollups, Starknet enables decentralized applications (DApps) to achieve high throughput and low transaction fees. This transformative technology with the smart contract language, Cairo, opens up new possibilities for developers, allowing them to build scalable DApps for a wide range of use cases. For trading STRK, the standard minimum order amount of CHF 200 applies. STRK can be securely stored on the Bitcoin Suisse Online Account or in the hyper-secure Bitcoin Suisse Vault.
The Weekly Wrap
Introducing the audio edition: Tune in to “The Weekly Wrap”!
Bitcoin Suisse’s successful newsletter “The Weekly Wrap”, dispatched every Friday, is now available as an audio podcast, brought to you by AI voices!
Whether you’re on the move or simply prefer to listen, stay updated with the latest developments in the crypto world by tuning in to our audio summaries. You can now catch “The Weekly Wrap” on Spotify or Apple Podcasts — just follow the links provided in our emails.
New Fundamental
Bitcoin spot ETFs – How is it going?
Since the SEC approval in January 2024 that reignited the return of the bull, all eyes are on the US Bitcoin spot ETFs. The newest edition of our “Fundamentals” series explores the significant success of Bitcoin spot ETFs in the U.S. since launch, which have, as of May 7, amassed $11.78 billion in net inflows, predominantly from BlackRock and Fidelity. It summarizes the substantial outflows from the Grayscale Bitcoin Trust (GBTC) due to higher fees and mandatory sales from bankrupt estates. Additionally, the article predicts continued growth as more wealth platforms approve these ETFs, indicating a robust future for Bitcoin spot ETFs in the market.
Company & Industry Highlights
VERIFIED Podcast: Third Episode
Justin Drake: The Triple Flippening
Join co-hosts Wolfgang and Dominic, alongside Ethereum researcher and expert Justin Drake, for the third episode of the VERIFIED Podcast by Bitcoin Suisse, as they dive into Ethereum's performance and its potential to outshine Bitcoin in market dominance, known as the 'Flippening'. This episode covers the dynamics between ETH and BTC. Additionally, Justin provides insights into the future of Layer 2 revenue sources. The episode furthermore provides a thought-provoking look at the potential vulnerabilities of Bitcoin and sheds light on Ethereum's path forward in the evolving crypto landscape. Tune in now on Spotify, Apple Podcast, or watch the full episode on YouTube.
Financial Results 2023
Bitcoin Suisse reports strong growth and profits for the first quarter of 2024
Bitcoin Suisse recently reported on its 2023 financial result and provided an outlook into 2024. During a phase commonly referred to as “crypto winter”, the company streamlined its offering, increased the scalability and efficiency of its infrastructure, and invested into future products and services. In a difficult environment with global crypto trading volume declining by 40% compared to the previous year, Bitcoin Suisse closed the year with a net loss of CHF 13.0 million. With an equity position of CHF 103.6 million at the end of 2023, the Group remains robustly capitalized and well positioned to leverage future opportunities in an increasingly favorable market environment. For the first quarter of 2024, Bitcoin Suisse Group reports unaudited net profits of CHF 17.2 million.
Research
New Research Format
Out now: Bitcoin Suisse Industry Rollup
In the course of revamping our Research publications, Bitcoin Suisse is proud to introduce the new, bi-monthly format “Industry Rollup”! So, what can you expect? The Industry Rollup offers insightful analyses of the digital asset ecosystem in a digestible, visually driven way.
The Bitcoin Suisse Industry Rollup compares the performance of digital assets with other asset classes. We present sector-specific breakdowns leveraging our Global Crypto Taxonomy and showcase the months top and low performers in the crypto asset space with tailored perspectives for a comprehensive understanding. With the Industry Rollup you will receive the most important crypto-native developments, and many more insights directly into your mailbox in a digestible and engaging way.
Uncut Gems
Stacks: Cheap and secure smart contracts anchored in Bitcoin
In this episode, Marcus Dapp from Bitcoin Suisse Research sits down with Muneeb Ali, Co-creator of Stacks. Stacks is the leading Bitcoin Layer-2, enabling smart contracts and decentralized applications to use Bitcoin as a secure base layer.
Tune in on Spotify, Apple Podcasts or watch the full interview on YouTube.
The Weekly Wrap
The latest news at a glance
Stay informed about the latest news in the world of crypto with the Weekly Wrap from Bitcoin Suisse every Friday. You can sign up for the Weekly Wrap here.
Last month’s editions at a glance:
- May 3: Crypto Downturn, FOMC Meeting, Hong Kong Spot ETFs & CZ Sentenced to 4 Months in Prison
- May 10: Dampened Start into the Week, Equities Rallying, Positive News from FTX & A Crypto Recovery?
- May 17: The Return Of Roaring Kitty, CPI-triggered Breakout, 13F Filings & BTC Spot ETF Inflows
- May 24: Approved Ether Spot ETFs, NVDA Earnings & Kabosu The Doge
- May 31: Crypto Markets See Ethereum Surge Post ETF Approvals, Market Sentiment Remains Positive