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Institutional Investors Still Eye Crypto Despite the FTX Collapse

The negative effects caused by the FTX debacle have put the crypto space in an unfavorable light. However, institutional investors continued to show interest in the industry even at the height of the FTX controversy. 

According to crypto exchange Bitstamp, compared to their data in October, institutional registrations within its digital asset trading platform is up by 57% in November, when the topic of the FTX collapse frequented news headlines. The exchange also told Cointelegraph that its total revenue is up by 45% in the same period, with revenue coming from institutions up by 34% and from retail traders up by 72%.

(By EZRA REGUERRA)

FTX Crypto
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