Crypto Risk Appetite Report 2nd July 2026

BLOCK SCHOLES BTC RISK APPETITE INDEX

With last month marking BTC’s worst spot performance since the month of June 2022, unsurprisingly, risk-appetite has continued to decline. However, the pace with which our BTC RA Index is dropping has slowed down and the Index is now approaching a level that has historically marked a bottom.

BTC SPOT RETURNS AFTER RISK APPETITE INDEX CROSSES FROM ABOVE 0.5 THRESHOLD

BLOCK SCHOLES ETH RISK APPETITE INDEX

June marked ETH’s worst month of returns (-21%) so far this year, as spot price remains 66% below all-time high levels. Relative to historical crossings from above -0.5, spot price is also massively underperforming. Spot ETFs may however be signalling an easing in the bearish bias. After nine consecutive days of outflows, yesterday the products purchased $14.8M worth of the token.

ETH SPOT RETURNS AFTER RISK APPETITE INDEX CROSSES FROM ABOVE 0.5 THRESHOLD

BLOCK SCHOLES ALTCOIN RISK APPETITE INDEX

BLOCK SCHOLES XRP RISK APPETITE INDEX

BLOCK SCHOLES SUI RISK APPETITE INDEX

BLOCK SCHOLES SOL RISK APPETITE INDEX