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Abhishek Jain, head of international ETF trading at DRW, discussed how from a regulatory perspective, especially, the approval of bitcoin futures ETFs in the US marks the beginning of an important era for crypto and traditional finance.
“A growing number of asset managers are sending their smaller trades — let’s say smaller than €500K or €1million — to an automated rules-based solution via the RFQ platforms. One rule can be that they need three prices and they just take the best price without looking at it.”