Institutional traders now drive 80% of Bitget’s volume: Report

Singapore-based crypto exchange Bitget reported that institutional traders now constitute about 80% of its total volume as of September, according to a report conducted with Nansen. Institutional activity on Bitget's spot markets rose significantly from 39.4% in January to 72.6% by late July, while futures trading saw institutional market makers jump from 3% to 56.6% over the same period. The report highlights liquidity as the key metric for institutional adoption, noting that Bitget's execution quality now rivals peers like Binance and OKX. Major institutional inflows were led by Laser Digital and Fenbushi Capital. This trend reflects a broader industry competition among exchanges like Binance, OKX, and Crypto.com to attract professional and institutional investors through specialized services.

(Source：Cointelegraph)