Wintermute 预测今年加密货币将更深入地融入 TradFi

据加密货币交易公司 Wintermute 称，今年通过交易所交易基金 (ETF) 和企业控股，更加深入地融入传统金融 (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.

加密货币交易公司 Wintermute 表示，今年加密货币将通过交易所交易基金 (ETF) 和企业持股更加深入地融入传统金融。

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，做市商和流动性提供者在年度回顾和展望中表示，收购或合并等大型企业事件将以稳定币结算。

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

以下是 Wintermute 对 2024 年其他一些机构交易的预测：

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%.

这一预测是在去年需求大幅增长的基础上做出的，随着 1 月份比特币 (BTC) ETF 获得批准以及随后推出以太坊 (ETH) ETF，场外交易 (OTC) 机构交易量增长了三倍多。该报告将这种兴趣归因于监管透明度的提高和对资本效率交易的需求。场外交易平均规模增长 17%，总交易量增长 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.

由于机构寻求更复杂的收益和风险管理工具，衍生品交易量增长了 300% 以上。在现货交易方面，Wintermute 强调，单日场外交易量创下了 22.4 亿美元的纪录，超过了 2023 年创下的 20 亿美元的周纪录。

Shift in asset preferences

资产偏好的转变

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 年的亮点之一，其市场份额增加了一倍多，达到 16%。这主要是由 Solana 生态系统中的代币推动的，例如 Dogwifhat (WIF)、bonk (BONK) 和 ponke (PONKE)，尽管以太币继续占据主导地位。

“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."

首席执行官叶夫根尼·盖沃伊 (Evgeny Gaevoy) 在报告中表示：“我们看到了对差价合约和期权等复杂产品的需求推动了创纪录的增长，这反映出市场日益成熟，越来越反映传统金融。” “随着加密货币通过 ETF、企业持股、代币化和结构性产品的兴起更深入地融入全球金融基础设施，我们预计会有更大的势头。”