Binance CEO Richard Teng reports a 40% growth in institutional and corporate investors in the crypto exchange this year. This suggests a continued increase in institutional exposure to cryptocurrencies, particularly following the launch of spot Bitcoin and Ethereum ETFs. Teng believes that institutional adoption of crypto assets is still in its early stages.
Other News from Today
Analyst Jamie Coutts Says Crypto Market Could Be in the Final Throes of a Bearish Phase – Here’s Why