Institutional Interest Drives Surge of 95% in OTC Crypto Spot Transaction Volume
Wednesday, 17 July 2024, 16:10
Key Points:
The OTC crypto market experienced a remarkable surge of 95% in transaction volume during the first half of 2024.
Implications:
- Institutional interest plays a pivotal role in driving this growth.
- The data underscores a rising confidence from institutional investors in the cryptocurrency market.
This surge in activity signifies a maturing market and signals a shift towards OTC trading as the preferred avenue for large transactions in the cryptocurrency space.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.