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Pro Crypto

Understanding Crypto ETFs, Market Making, and OTC Trades

Featuring Reed Werbitt, Greg Guttas and Ash Bennington

Sep 11, 2024 • 48 minutes

Pro Crypto

Understanding Crypto ETFs, Market Making, and OTC Trades

It's been nearly two months since ETH ETFs launched. How is it and the BTC product doing?

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Featuring Reed Werbitt, Greg Guttas and Ash Bennington

Sep 11, 2024 • 48 minutes

In the last few months, the crypto world enjoyed the sort of TradFi validation that seemed inconceivable not long ago: the approval of spot exchange-traded funds. First bitcoin, followed by ether, opened a whole new investment vehicle for crypto enthusiasts. But how well have the products done, especially ETH's, which has seen growing uncertainty around the underperformance of its token? Ash Bennington explores this with two executives from Flowdesk, a principal trading firm that specializes in market making and OTC services: US CEO Reed Werbitt and head of OTC Greg Guttas.It's been nearly two months since ETH ETFs launched. How is it—and the BTC product—doing?

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