Data: 95.3% of institutional trading volume in Q1 involved Bitcoin, Ethereum, or stablecoins, and altcoins have not yet been widely accepted.
According to BlockBeats news on April 11, reported by TheBlock, based on Finery Markets' Q1 report, driven by the shift in U.S. regulation and increased market confidence in stablecoins, the cryptocurrency trading volume on institutional trading platforms continued its upward momentum from Q4 2024, with over-the-counter (OTC) volume increasing by 141% year-on-year, and stablecoin trading activity growing by 158% compared to the previous year. During the first 100 days of President Trump's administration, the trading volume between cryptocurrencies and stablecoins recorded its strongest growth, with trading volume in the first three months of 2025 increasing fivefold compared to the same period in 2024. Overall, 95.3% of the trades involved Bitcoin, Ethereum, or stablecoins, and institutions have not yet widely accepted altcoins.
Finery analysts pointed out: 'The differences between types of transactions indicate a clear preference among institutions for stablecoins, likely due to their enhanced utility in connecting traditional finance and the crypto space.' $BTC