Crypto Derivatives Maintain Strong Demand, Exec Says

Welcome to The Ask, where every week Crypto Investor interviews essential voices who do the work to make cryptocurrencies ‘mainstream’. Slightly edited exchange.

This week, Editor-in-Chief Michael Bodley spoke with Gary Worrall, CEO of Crypto Facilities. The UK-based subsidiary of Kraken specializes in derivatives trading. Worrall spoke about derivative flows and addressed the reaction to Bitcoin ETFs getting the green light in the US.

What kinds of exposures are European institutional investors looking for in terms of derivatives? What are you hearing from the market?

Worrall: (We were originally trading) as a stockbroker license. So, I mean, in a regulated way, I guess these products have been on the market for two, three years, maybe a little longer. You know, I think, as you probably expect, most of the volume and open interest is in Bitcoin and eth. I think there is a mix.

Welcome to The Ask, where every week Crypto Investor interviews essential voices who do the work to make cryptocurrencies ‘mainstream’. Slightly edited exchange.

This week, Editor-in-Chief Michael Bodley spoke with Gary Worrall, CEO of Crypto Facilities. The UK-based subsidiary of Kraken specializes in derivatives trading. Worrall spoke about derivatives flows and touched on the reaction to Bitcoin ETFs getting the green light in the US. Subscribe for the full article

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