#banks

📊 Goldman Sachs: “2023 was the year of the institutionalization of the crypto market.”

- Institutional interest in BTC is increasing due to the potential listing of a spot Bitcoin ETF.

- The volume of trading futures and options on BTC and ETH on CME has increased significantly.

- In the 4th quarter of 2023, CME became the leading exchange for open interest in BTC futures.

In 2023, the number of regulated derivatives trading platforms in the crypto industry has increased. (Coinbase Derivatives, CME, Eurex, FOX, Asia Next, 24 Exchange, etc.)