Austin Reid is the global head of revenue and business at FalconX.In this episode of The Scoop, Reid discusses why we are still at the 'early stages' of institutional adoption of crypto, and the role retail traders have played in the market's current rally.OUTLINE00:00 Introduction04:12 Market Overview08:06 FalconX Volume12:03 Crypto Derivatives15:55 Interest Rates19:19 Institutional Adoption22:10 ETF Flows26:49 Retail Flows32:51 Market Maturation35:06 Exchange Improvements39:25 Closing Thoughts
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