Wintermute 預測今年加密貨幣將更深入融入 TradFi

據加密貨幣交易公司 Wintermute 稱，今年透過交易所交易基金 (ETF) 和企業控股，更深入地融入傳統金融 (TradFi)。

Cryptocurrency will become more deeply integrated into traditional finance this year through exchange-traded funds (ETFs) and corporate holdings, according to crypto-trading firm Wintermute.

加密貨幣交易公司 Wintermute 表示，今年加密貨幣將透過交易所交易基金 (ETF) 和企業持股更深入融入傳統金融。

In addition, a large corporate event such as an acquisition or merger will be settled in stablecoins, the market maker and liquidity provider said in its annual review and outlook.

此外，做市商和流動性提供者在年度回顧和展望中表示，收購或合併等大型企業事件將以穩定幣結算。

Here are some of Wintermute's other institutional trading predictions for 2024:

以下是 Wintermute 對 2024 年其他一些機構交易的預測：

The projections follow substantial demand growth last year, which saw over-the-counter (OTC) trading institutional trading volumes increase by more than three times following the approval of bitcoin (BTC) ETFs in January and the later launch of ether (ETH) ETFs. The report attributed the interest to improving regulatory clarity and demand for capital-efficient trading. The average OTC trade size increased by 17% while total volume increased by 313%.

這項預測是在去年需求大幅成長的基礎上做出的，隨著1 月份比特幣(BTC) ETF 獲得批准以及隨後推出以太坊(ETH) ETF，場外交易(OTC) 機構交易量增長了三倍多。該報告將這種興趣歸因於監管透明度的提高和對資本效率交易的需求。場外交易平均規模成長 17%，總交易量成長 313%。

Derivatives volumes increased by over 300%, as institutions sought more-sophisticated instruments for yield and risk management. In spot trading, Wintermute highlighted a record single-day OTC volume of $2.24 billion, exceeding the weekly record of $2 billion set in 2023.

由於機構尋求更複雜的收益和風險管理工具，衍生性商品交易量增加了 300% 以上。在現貨交易方面，Wintermute 強調，單日場外交易量創下了 22.4 億美元的紀錄，超過了 2023 年創下的 20 億美元的周紀錄。

Shift in asset preferences

資產偏好的轉變

Memecoins were among the highlights in 2024, with their market share more than doubling to reach 16%. This was largely driven by tokens in the Solana ecosystem such as dogwifhat (WIF), bonk (BONK) and ponke (PONKE), although ether continues to dominate.

Memecoin 是 2024 年的亮點之一，其市佔率增加了一倍多，達到 16%。這主要是由 Solana 生態系統中的代幣推動的，例如 Dogwifhat (WIF)、bonk (BONK) 和 ponke (PONKE)，儘管以太幣繼續佔據主導地位。

“We saw record-breaking growth driven by demand for sophisticated products like CFDs and options, reflecting a maturing market that increasingly mirrors traditional finance,” CEO Evgeny Gaevoy said in the report. "We expect even greater momentum as crypto integrates deeper into the global financial infrastructure through ETFs, corporate holdings, tokenization and the rise of structured products."

執行長葉夫根尼·蓋沃伊(Evgeny Gaevoy) 在報告中表示：「我們看到了對差價合約和期權等複雜產品的需求推動了創紀錄的增長，這反映出市場日趨成熟，越來越多反映傳統金融。 “隨著加密貨幣透過 ETF、企業持股、代幣化和結構性產品的興起更深入地融入全球金融基礎設施，我們預計會有更大的勢頭。”