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Institutional Bitcoin Trading Volumes See Fourth Month of Growth, Diar Reports


Trading of institutional Bitcoin investment products are rising against U.S.-based crypto exchanges as a percentage of total trading volume.

Trading of institutional Bitcoin (BTC) investment products have seen growth for the fourth month running, and are rising against United States-based crypto exchanges as a percentage of total trading volume. The news was revealed in a new report from weekly crypto outlet Diar on April 8.

Diar’s data reveals that month-on-month, the percentage that institutional BTC products account for out of total Bitcoin trading volumes has continued to steadily grow, with 15% in January 2019, 17% in February, 18% in March and now 19% in April.

Diar’s data notably focuses on three institutional products — Chicago Mercantile Exchange (CME) Bitcoin futures, Chicago Board Options Exchange (CBOE) Bitcoin futures and Grayscale’s Bitcoin Investment Trust (GBTC).

Institutional Bitcoin products as percentage share of total trade volumes

Institutional Bitcoin…



Read Full Story : Cointelegraph.com News

2019-04-09 09:00:00

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