Survey report: 57% of traditional trading companies trade Bitcoin derivatives and 29% trade Ethereum derivatives

Acuiti recently collaborated with Bitstamp and CME Group to publish a research report that surveyed executives from buyers, sellers and proprietary trading groups (specializing in traditional derivatives trading, clearing and execution). All the crypto trading companies studied in the report are aware of the growing interest in Bitcoin derivatives. About 57% of traditional trading companies have traded Bitcoin derivatives and 29% have traded Ethereum derivatives. One of the findings is that although XRP is listed as the eighth most popular digital asset, XRP / USD ranks fifth among institutional companies' preferred cryptocurrency trading pairs. Their three main considerations are liquidity, volatility and arbitrage opportunities. Among all the trading institutions under investigation, including those still waiting to trade digital assets such as cryptocurrencies, one of the biggest concerns is the security breach of the exchange and the fear of hackers. Another concern detailed in the report is fear of reputation damage, which is why many trading institutions are reluctant to provide digital assets in their portfolios. Although the survey still believes that the adoption rate is still very low, from the perspective of adoption, the future is bright. 97% of traditional trading companies are considering trading digital assets in the next two years.