World's largest hedge funds only just starting with crypto

Austin Reid is the global head of revenue and business at FalconX. In this episode of The Scoop, Reid discusses why we are still at the 'early stages' of institutional adoption of crypto, and the role retail traders have played in the market's current rally. OUTLINE 00:00 Introduction 04:12 Market Overview 08:06 FalconX Volume 12:03 Crypto Derivatives 15:55 Interest Rates 19:19 Institutional Adoption 22:10 ETF Flows 26:49 Retail Flows 32:51 Market Maturation 35:06 Exchange Improvements 39:25 Closing Thoughts