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The Scoop

Brokerage shop exec: World's largest hedge funds only just starting with crypto

Apr 3, 2024
Global head of revenue at FalconX, Austin Reid, discusses the early stages of institutional crypto adoption and the role of retail traders in the market rally. Topics include market overview, FalconX volume, crypto derivatives, interest rates, ETF flows, retail flows, and market maturation.
42:56

Episode guests

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Quick takeaways

  • Institutional adoption of crypto is still in its early stages, with retail traders playing a significant role in the current market rally.
  • Bitcoin ETF approval led to a surge in market activity, doubling trading around pricing windows and boosting liquidity dynamics.

Deep dives

Driving Factors of Market Activity

Falcon X experienced increased market activity in Q4, driven by the turnaround in prices leading to the Bitcoin ETF announcement. This period saw more institutions entering the market, engaging in derivatives and options activities. Following the ETF approval, continuous inflows boosted market sentiments, with a surge in flow from ETF issuers.

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