Crypto
How institutional dark pools quietly ate 15% of crypto volume and killed the retail whale-watching edge
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sFOX says execution through crypto dark pools rose from negligible volume in April to 15% of monthly volume by June. Separately, the firm's July 30 report puts OTC-desk routing at 77.7% of institutional volume moving through the platform, versus 18.4%… sFOX says execution through crypto dark pools rose from negligible volume in April to 15% of monthly volume by June. Separately, the firm's July 30 report puts OTC-desk routing at 77.7% of institutional volume moving through the platform, versus 18.4%…
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