Bybit Report Institutional Preference for Bitcoin

Institutional investors are cautiously managing their crypto assets, allocating 45% to
stablecoins, 35% to Bitcoin, and 15% to Ether, according to the latest
report by Bybit. Interestingly, the client segment nearly doubled their Bitcoin holdings
within the first three quarters of 2023.

Bitcoin’s dominance surged amid the crypto rally in
October, fueled in part by institutional traders nearly doubling their Bitcoin
holdings. Conversely, Ether experienced declining interest from institutional
investors throughout 2023.

The anticipation of BlackRock’s spot Ether ETF
application could reignite excitement, while Solana’s remarkable tenfold growth
since its low prices in 2022 poses a competitive challenge for Ether. A significant upgrade
could potentially rekindle institutional interest in Ether, Bybit noted.

Retail traders have adopted a cautious approach to
crypto by holding more stablecoins, reflecting a conservative stance towards
riskier assets. Notably, altcoins
Altcoins

Altcoin is a term that describes any cryptocurrency that isn’t Bitcoin. Since Bitcoin’s inception there have been countless cryptos launched. Many of these have met varying levels of success, though several have risen to rival Bitcoin itself.Ether, XRP, Stellar, Monero, Ada, and Dash are a few examples of the more popular altcoins. There presently exist over 5,000 altcoins and this number seemingly grows constantly. The paramount altcoins as of May 2020 are Ethereum and Ripple.In terms of struct

Altcoin is a term that describes any cryptocurrency that isn’t Bitcoin. Since Bitcoin’s inception there have been countless cryptos launched. Many of these have met varying levels of success, though several have risen to rival Bitcoin itself.Ether, XRP, Stellar, Monero, Ada, and Dash are a few examples of the more popular altcoins. There presently exist over 5,000 altcoins and this number seemingly grows constantly. The paramount altcoins as of May 2020 are Ethereum and Ripple.In terms of struct
Read this Term
form a minor part of both retail and VIP
traders’ portfolios, hinting at a cautious outlook influenced by the recent
market turbulence.

Bybit’s journey of growth extends beyond user
numbers. The platform has acquired licenses in prominent regions like the UAE,
Kazakhstan, and Cyprus to boost its risk management
Risk Management

One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class,

One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class,
Read this Term
strategies and enhance compliance
with regulations. Recently, Bybit introduced TradeGPT, an AI-powered
educational tool that leverages real-time market data, trading analytics, and
technical analysis tools.

TradeGPT serves as a mentor, offering personalized
guidance and multilingual support to assist users in understanding market
trends and formulating effective strategies.

Bybit’s Focus on AI and
Global Expansion

Bybit’s foray into AI-driven tools aligns with a
broader trend in the cryptocurrency realm. The integration of AI witnessed
across platforms like Crypto.com and Binance underscores the synergy between
artificial intelligence and the evolving needs of the crypto community. AI’s
data processing capabilities complement the industry’s demand for real-time
insights.

Bybit’s Institutional platform is among the platforms attracting professional traders targeting cryptocurrency futures contracts. Notably, it has secured a prominent place in
total BTC futures open interest, affirming its standing as a go-to destination
for traders seeking lucrative opportunities in the BTC futures market.

Bybit’s strategic global expansion includes
establishing its global headquarters in Dubai and acquiring pertinent licenses,
aligning with regulatory frameworks in the UAE, Kazakhstan, and Cyprus.
However, in response to evolving regulatory norms in Canada’s crypto sector,
Bybit opted to withdraw its operations from the Canadian market.

Institutional investors are cautiously managing their crypto assets, allocating 45% to
stablecoins, 35% to Bitcoin, and 15% to Ether, according to the latest
report by Bybit. Interestingly, the client segment nearly doubled their Bitcoin holdings
within the first three quarters of 2023.

Bitcoin’s dominance surged amid the crypto rally in
October, fueled in part by institutional traders nearly doubling their Bitcoin
holdings. Conversely, Ether experienced declining interest from institutional
investors throughout 2023.

The anticipation of BlackRock’s spot Ether ETF
application could reignite excitement, while Solana’s remarkable tenfold growth
since its low prices in 2022 poses a competitive challenge for Ether. A significant upgrade
could potentially rekindle institutional interest in Ether, Bybit noted.

Retail traders have adopted a cautious approach to
crypto by holding more stablecoins, reflecting a conservative stance towards
riskier assets. Notably, altcoins
Altcoins

Altcoin is a term that describes any cryptocurrency that isn’t Bitcoin. Since Bitcoin’s inception there have been countless cryptos launched. Many of these have met varying levels of success, though several have risen to rival Bitcoin itself.Ether, XRP, Stellar, Monero, Ada, and Dash are a few examples of the more popular altcoins. There presently exist over 5,000 altcoins and this number seemingly grows constantly. The paramount altcoins as of May 2020 are Ethereum and Ripple.In terms of struct

Altcoin is a term that describes any cryptocurrency that isn’t Bitcoin. Since Bitcoin’s inception there have been countless cryptos launched. Many of these have met varying levels of success, though several have risen to rival Bitcoin itself.Ether, XRP, Stellar, Monero, Ada, and Dash are a few examples of the more popular altcoins. There presently exist over 5,000 altcoins and this number seemingly grows constantly. The paramount altcoins as of May 2020 are Ethereum and Ripple.In terms of struct
Read this Term
form a minor part of both retail and VIP
traders’ portfolios, hinting at a cautious outlook influenced by the recent
market turbulence.

Bybit’s journey of growth extends beyond user
numbers. The platform has acquired licenses in prominent regions like the UAE,
Kazakhstan, and Cyprus to boost its risk management
Risk Management

One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class,

One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class,
Read this Term
strategies and enhance compliance
with regulations. Recently, Bybit introduced TradeGPT, an AI-powered
educational tool that leverages real-time market data, trading analytics, and
technical analysis tools.

TradeGPT serves as a mentor, offering personalized
guidance and multilingual support to assist users in understanding market
trends and formulating effective strategies.

Bybit’s Focus on AI and
Global Expansion

Bybit’s foray into AI-driven tools aligns with a
broader trend in the cryptocurrency realm. The integration of AI witnessed
across platforms like Crypto.com and Binance underscores the synergy between
artificial intelligence and the evolving needs of the crypto community. AI’s
data processing capabilities complement the industry’s demand for real-time
insights.

Bybit’s Institutional platform is among the platforms attracting professional traders targeting cryptocurrency futures contracts. Notably, it has secured a prominent place in
total BTC futures open interest, affirming its standing as a go-to destination
for traders seeking lucrative opportunities in the BTC futures market.

Bybit’s strategic global expansion includes
establishing its global headquarters in Dubai and acquiring pertinent licenses,
aligning with regulatory frameworks in the UAE, Kazakhstan, and Cyprus.
However, in response to evolving regulatory norms in Canada’s crypto sector,
Bybit opted to withdraw its operations from the Canadian market.

BitcoinBybitInstitutionalPreferenceReport
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