In 2024, the cryptocurrency OTC market achieved an impressive 106% annual growth. This surge was primarily driven by Bitcoin and Ethereum ETFs along with the pro-crypto election of Donald Trump. Analysts highlight a favorable market environment fostering institutional acceptance of digital assets.
The fourth quarter of 2024 saw a remarkable 177% increase in OTC trading volumes, spurred by rising crypto prices post-election. Additionally, trading of stablecoins grew by 311%, emphasizing their crucial role in integrating traditional finance with the crypto world.
Looking ahead to 2025, expectations remain optimistic for OTC trading, driven by sustained institutional demand for Bitcoin and Ethereum. The shifting political landscape in the U.S. Could enhance conditions for widespread crypto adoption, marking a transformative phase for the sector.