BIS Working Papers No 1104: The Crypto Multiplier
The paper develops the concept of a "crypto multiplier," which measures the response of a cryptocurrency's market capitalisation to the aggregate inflows and outflows of investors' funds. Building on the quantity equation, we derive the value of the crypto multiplier.
Topics
Continue reading with a PwC Plus-Subscription
- verified Information source
- daily updates
- completely searchable articles (with refiner)
- tailored alert
© 2017 - 2025 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. Portions of this program may use third-party open source components governed by the respective open source license terms.
This website contains copyright material of the IFRS® Foundation in respect of which all rights are reserved. Reproduced by PwC with the permission of the IFRS Foundation. No permission granted to third parties to reproduce or distribute. For full access to IFRS Standards and the work of the IFRS Foundation please visit www.ifrs.org.