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10 May 2021

Genesis Global Trading’s Q1 Report Shows Growth In Bitcoin Markets

Genesis Global Trading’s Q1 Report Shows Growth In Bitcoin Markets


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Genesis provides institutional clients with spot and derivatives trading, lending, custody and treasury and prime brokerage service products, so the report was full of interesting insights that showed the explosive growth in the bitcoin lending market that has taken place so far this year.

Through the first quarter, the spread between bitcoin futures and spot price continued to widen as more demand to be leveraged increased throughout the bitcoin market.

Genesis also reported on its digital assets spot trading volume, which witnessed explosive growth in Q1, trading $31.5 billion in spot,, an increase of 287% from Q4 2020, aided by the launch of Genesis Treasury.

The numbers and growth reported by Genesis are extremely bullish, and show the continued maturation in the bitcoin lending, futures and derivatives markets, as sophisticated institutional capital allocators are incentivized to enter the market due to the contrasting yields offered across the legacy versus the bitcoin futures/derivatives markets

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