Wintermute reports 240% surge in institutional crypto trading via OTC in 2024

Crypto trading firm and market maker Wintermute registered a 240% yearly growth in traditional finance firms’ activity in its over-the-counter (OTC) trading desk, according to a Jan. 17 report.
Traditional financial institutions played a pivotal role in reshaping OTC trading in 2024.

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Swiss state-owned lender PostFinance deepens crypto push with Ethereum staking debut

Switzerland’s state-owned financial giant, PostFinance AG, has launched an Ethereum (ETH) staking service — allowing users to earn rewards while strengthening blockchain security.
The initiative is part of the bank’s ongoing expansion into digital assets.
The program, unveiled on Jan.

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Analysts believe spot Litecoin ETF likely to be the first altcoin approval as Nasdaq files listing application

Nasdaq filed a 19b-4 Form on Jan.16 to list and trade the spot Litecoin (LTC) exchange-traded fund (ETF) registered by Canary Capital. Bloomberg senior ETF analyst Eric Balchunas sees this as the first altcoin-related ETF approval in 2025.

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Accounting rule changes have turned Bitcoin from risky venture to corporate must-have – Bitwise

Bitwise chief investment officer Matthew Hougan believes that companies adding Bitcoin (BTC) to their balance sheets are no longer an anomaly but a burgeoning megatrend that could transform the crypto market this year.

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Nasdaq proposes raising IBIT options contract limit for traders

Nasdaq filed to raise the current options contract limit of the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts, representing an exercisable risk of 2.89%, according to a Jan. 6 SEC filing.
According to the filing, the current limit represents only 0.

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