Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Goldman Sachs: The market structure and participation have become institutionalized this year

Goldman Sachs: The market structure and participation have become institutionalized this year

Bitget2023/12/18 09:36
Goldman Sachs (GS) stated in a report last week that this year's situation indicates the extent to which m arket structure and participation have evolved and become institutionalized. By 2023, there will be an increase in regulated, centrally cleared derivative trading venues on the cryptocurrency market, including Coinbase Derivatives, CBOE, Eurex, GFO-X, AsiaNext and 24 Exchange.
 
The institutionalization of the market is most evident in the derivatives market. The trading volume of BTC and ETH futures and options on CME continues to grow. In Q4 it has become the exchange with the highest number of open contracts for BTC futures.
 
In the first nine months of this year, open contracts for BTC and ETH remained steady. However, price trends in October sparked interest among institutional investors who are preparing for potential approval of spot BTC ETFs or hedging risk exposure through derivatives.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Total open interest in Ethereum contracts across the entire network surpasses $48 billion.
2
Base TVL reaches $15.26 billions, with a 7-day increase of 5.93%

Crypto prices

More
Bitcoin
Bitcoin
BTC
$113,517.93
+1.94%
Ethereum
Ethereum
ETH
$4,071.18
+3.51%
Tether USDt
Tether USDt
USDT
$1
-0.02%
XRP
XRP
XRP
$2.63
+1.00%
BNB
BNB
BNB
$1,127.95
+1.49%
Solana
Solana
SOL
$199.25
+3.53%
USDC
USDC
USDC
$0.9999
-0.00%
Dogecoin
Dogecoin
DOGE
$0.2027
+2.96%
TRON
TRON
TRX
$0.2996
+0.59%
Cardano
Cardano
ADA
$0.6755
+3.24%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter