Binance Launching Crypto OTC Desk May Mean Wall Street Demand For Bitcoin Still Exists - Coins On News
Although VanEck, CBOE, and SolidX recently pulled their collaborative Bitcoin exchange-traded fund (ETF) application, as Bakkt delayed the launches of its crypto futures vehicle, rumor has it that Wall Street is still clamoring for digital assets. While this purported influx of institutional interest has skirted past the retail investors’ radar, industry upstarts are taking notice, responding in kind. Enter crypto-centric over-the-counter (OTC) desks. And from the labs of this sector’s most preeminent startups no less. Related Reading: Wall Street Still Throwing Billions At Bitcoin, But There’s Still A Ways To Go Bitcoin Giant Binance Hops On OTC Gravy Train 2019 may only