Volatility Insights

Crypto has entered a new phase following the introduction of spot ETFs. What was once a retail-driven asset class is now increasingly institutional, with ETFs creating a durable bridge between traditional portfolios and digital assets. Institutional demand for ETF exposure has translated into higher activity on regulated derivatives platforms. This activity has strengthened the role of regulated venues, deepened cross-market liquidity, and forged durable structural links between crypto and traditional portfolio infrastructure. Read more in the latest Volatility Insights.