Record Growth in OTC Trading

🟡The U.S. elections and Bitcoin’s rise have triggered a surge in activity on OTC platforms. According to Tim Ogilvie from Kraken, OTC trading volume has increased by 220% year-over-year. Similar trends have been reported by other companies, including Wintermute and GSR.

🟡Investors typically start with Bitcoin before expanding into Ethereum and altcoins like Solana and Aave. Experts attribute this activity to the launch of ETFs and growing confidence in the stability of the cryptocurrency market.

🟡Brett Reeves from Go Network predicts an increase in ETFs based on XRP and Solana, while Jake Ostrowskis highlights the importance of options and cross-collateralized products for institutional clients. Notably, 57% of investors plan to increase their allocation to crypto assets.