
Wintermute reports 240% surge in institutional crypto trading via OTC in 2024
The crypto firm also highlighted a preference for memecoins by traditional financial institutions.
Track TradFi and crypto news, including banks, brokers, asset managers, and the convergence of legacy finance with digital assets.

According to Matt Hougan, the demand from this companies could impact the Bitcoin market in a positive and significant way.

Both assets register $2.5 billion in assets under management currently, with a little over $500 million in inflows registered last year.

99% of financial advisors investing in crypto plan to maintain or increase exposure in 2025.

After meeting six criteria, companies are usually added to the index within 21 months.

The requirement mentions growing trading volumes as a driver for a potential approval by the SEC.

The company would still need a Federal Reserve approval to offer crypto-related services.



