The institutional herd is here: Bitcoin volume on CME, LMAX hits new records
The institutional herd has arrived to the Bitcoin market as institutional platforms see record-high volume. The daily volume of the CME Bitcoin (BTC) futures market and LMAX achieved a new all-time high on Jan. 4. The data show that the institutional demand for BTC is rapidly surging as major public funds continue to accumulate.Institutional appetite for Bitcoin is acceleratingAccording to analysts at Arcane Research, the daily volume of LMAX Digital reached a record-high at $2.62 billion. Bitcoin daily volume on LMAX Digital. Source: Arcane ResearchLMAX is a trading platform that tailors....
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