Institutional cryptocurrency market spot trading volume nearly doubled in the first half of 2024

A recent report by Finery Markets shows that the institutional cryptocurrency market experienced significant growth in the first half of 2024, with total spot trading volume increasing by 95% year-on-year. The first half of 2024 is a critical period for institutional adoption of cryptocurrencies. Analysts expect Ethereum ETFs to be approved in the summer, while Bitcoin ETFs have been launched in Australia, the United States, and Hong Kong. VanEck's application for Solana ETF highlights the growing trend of diversification of cryptocurrency investment tools. (financefeeds)