Goldman Sachs: The market structure and participation have become institutionalized this year

Bitget2023/12/18 09:36

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Goldman Sachs (GS) stated in a report last week that this year's situation indicates the extent to which m arket structure and participation have evolved and become institutionalized. By 2023, there will be an increase in regulated, centrally cleared derivative trading venues on the cryptocurrency market, including Coinbase Derivatives, CBOE, Eurex, GFO-X, AsiaNext and 24 Exchange.

The institutionalization of the market is most evident in the derivatives market. The trading volume of BTC and ETH futures and options on CME continues to grow. In Q4 it has become the exchange with the highest number of open contracts for BTC futures.

In the first nine months of this year, open contracts for BTC and ETH remained steady. However, price trends in October sparked interest among institutional investors who are preparing for potential approval of spot BTC ETFs or hedging risk exposure through derivatives.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Reserve Bank of Australia (RBA) Governor Michele Bullock stated at a Senate committee hearing on Wednesday that some international and domestic upside risks to inflation have already emerged or are emerging, which could result in inflation being higher than the central bank’s baseline scenario for August.

智通财经•2026/10/28 01:02

Australia faces rising inflation risks as RBA faces further tightening pressure at next week's policy meeting

Why is bitcoin struggling to rise? Significant selling pressure exists above 87,000, and increased correlation with US stocks makes it difficult for bitcoin to rally independently.

行业观察•2026/10/28 00:57

Profit surges 7-fold, revenue breaks 100 trillions for the first time: SK hynix (SKHY.US) responds to AI bubble concerns with record-breaking quarterly report

SK Hynix reported an operating profit of 83.3 trillion won for the third quarter, surpassing expectations, and announced shareholder returns of approximately 100 trillion won within the year.

智通财经•2026/10/28 00:37

Profit surges 7-fold, revenue breaks 100 trillions for the first time: SK hynix (SKHY.US) responds to AI bubble concerns with record-breaking quarterly report

Oil exports from the Middle East have "already surpassed pre-war levels," yet oil prices remain high. "In April, the shortage was crude oil; in October, it is the transportation cost."

华尔街见闻•2026/10/28 00:31