Institutional Interest in Bitcoin (BTC) and Crypto Markets are Rising...And the Twitter hack

Crypto exchange Huobi says institutional interest in Bitcoin (BTC) and crypto markets is on the rise as investors’ appetite for an alternative asset class grows.

In a press release, Huobi reveals that its recently launched Futures and Swap trading platform hit $5.2 billion in volume as of May 6th. The crypto exchange estimates that institutional investments account for up to 40% of the total volume on its derivatives trading platform. 

Check it out here: Institutional Interest