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"Investors are constantly searching for signals to predict where the market is headed - scanning charts, analyzing trends, and watching headlines. But many investors also forget to check one of the most important metrics in crypto: the over-the-counter (OTC) market, where major moves often happen out of sight.
That’s why when we saw a recently-released report revealing OTC trading activity, we knew we had to take a closer look. So today, we’ll break this report down for you in simple terms, and explore what it could all mean for the crypto market."
~ Coin Bureau
Wintermute, a major crypto market maker, summarizes the over-the-counter (OTC) crypto market in the first half of 2025. Key findings indicate that institutional investors focused on major cryptocurrencies like Bitcoin and Ethereum, while retail investors ventured into altcoins, with a notable increase in new tokens traded. The report also highlights a significant rise in OTC options trading (412% increase) and Contracts for Difference (CFDs), alongside growing engagement with tokenized equity and Real World Assets (RWAs) from traditional finance institutions.
Furthermore, the report notes improved regulatory clarity with the EU's MiCA bill and the US Genius Act. OTC spot volumes grew by 18%, outperforming centralized exchanges, suggesting institutions prefer OTC for large trades. While early 2025 saw optimism with Bitcoin breaking $100,000, market momentum stabilized, leading to reduced volatility and no dominant market theme. The report also observed a consolidation of capital around "currency networks," "general-purpose blockchain networks," and "blockchain utility and tools," with stablecoins gaining traction over memecoins. Wintermute's predictions for 2025 were largely accurate, with six out of nine proving correct.
0:00 Intro
0:38 OTC and CFD Trading Activity
5:22 Institutional and Retail Investors
9:07 Activity In Different Crypto Sectors
14:29 Looking Back At Past 2025 Predictions
19:09 What Does All This Mean For The Crypto Market?
Source - Coin Bureau YouTube: https://www.youtube.com/watch?v=tqOjguL7an0
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
