BitGo just scooped up NYDIG's institutional trading desk. Translation: derivatives are officially going institutional.
Derivatives = contracts that derive value from an underlying asset (like $BTC or $ETH). Think futures, options, perps.
Why it matters: When institutions pile into derivatives, it means:
• More liquidity
• Tighter spreads
• Actual price discovery beyond spot
This isn't degen casino gambling anymore. It's Wall Street infrastructure creeping into crypto.
If you're not watching derivatives volume and open interest, you're trading blind.
Derivatives = contracts that derive value from an underlying asset (like $BTC or $ETH). Think futures, options, perps.
Why it matters: When institutions pile into derivatives, it means:
• More liquidity
• Tighter spreads
• Actual price discovery beyond spot
This isn't degen casino gambling anymore. It's Wall Street infrastructure creeping into crypto.
If you're not watching derivatives volume and open interest, you're trading blind.
